BUDIP : (Bihar Urban Development Investment Program)
Introduction
In 2011 the Government of Bihar (GoB), with support of the Asian
Development Bank (ADB), prepared a road map for improved quality of urban life
in Bihar, covering 24 urban economic centers and including a wide scope of urban
infrastructure such as water supply, sewerage, storm water drainage, solid waste
management and urban roads and slum improvements. ADB agreed to co-finance
implementation of certain components of the road map in Bihar’s largest two
towns (other than the state capital Patna), i.e. in Bhagalpur and Gaya.
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Key Dates
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Achievements
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31 January 2012
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GoI and ADB conclude a framework financing agreement of MFF for BUDIP.
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29 March 2012
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ADB Approved the Multi-Tranche Financing Facility (MFF) for BUDIP
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13 April 2012
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ADB approved loan for the first tranche under the MFF (i.e. 2861-IND)
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25 March’2013
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Loan Agreement signed between Govt. of India and ADB for tranche 1 (Loan
2861-IND)
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6 June’2013
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Loan effective date
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Overall BUDIP (Bihar Urban Development Investment Program) undertaking is
scheduled over a nine-year (09 years) period.
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31 December’2021
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Extended Loan closing date (original Loan closing date was 30 June’2017)
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$286 million
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Total Value of BUDIP
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$200 million
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MFF loan Amount Financed by ADB
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$57 million
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Amount of Loan 2861- GOB
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Program Executing Agency
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State Urban Development & Housing Department (UDHD), GOB
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Program Implementing Agency
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Bihar Urban Infrastructure Development Corporation Ltd. (BUIDCo)
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Program Management Consultant
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The Royal Haskoning DHV Nederland B.V. (with sub consultant)
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