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Executive Summary Chennai Pre-Feasibility Study – Solid waste

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Background

The prime objective of this project support was to carry out Pre-Feasibility Studies (PFS) to prepare investment plans for infrastructure projects for the sectors of waterways and solid waste in Chennai for potential funding. The JnNURM mechanism forms the fundamental framework for potential funding for the projects identified.

The Chennai Waterways Improvement Project has been developed to project pre-feasibility level. The integrated implementation package is likely to be financed by a combination of international and national financing in accordance with the applicable JNNURM infrastructure financing formula. The pre-feasibility work for this project is therefore envisaged to establish the prima facie case to take this project to feasibility level under standard arrangements with a financing institution. This pre-feasibility study report therefore adheres to a standard acceptable to national and international financing institutions, with particular reference to requirements for possible ADB or KfW financing, including flagging potential issues requiring in-depth review in accordance with the various ADB/KfW safeguards guidelines at the subsequent Feasibility Study stage.

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