(THE NEWSMAN OF INDIA.COM)

On the second day of the 3R Forum, the Stakeholder Consultation on Bankable Projects for Urban Water & Sanitation Services brought together policymakers, industry leaders, and experts to strategize sustainable urban development solutions.

Sanjay Kulshrestha, CMD of HUDCO, underscored the organization’s critical role in driving innovative financing models, enhancing Urban Local Bodies (ULBs), and fostering Public-Private Partnerships (PPPs) to make urban water and sanitation projects financially viable. He highlighted HUDCO’s approach, which includes strategic funding mechanisms, partial credit guarantees, and technical assistance, to ensure resilient and sustainable urban transformation.

Key Takeaways from the Discussion:
Empowering ULBs to improve project planning and execution
Promoting innovative financing** for long-term urban infrastructure sustainability
Investing in water security and sanitation through smart funding models
Implementing regulatory and governance reforms for lasting impact

By focusing on these priorities, stakeholders aim to build a future where urban water and sanitation services are not only efficient but also financially and environmentally sustainable.