India, Aug. 15 -- The Pune Municipal Corporation (PMC) will raise Rs.1,167 crore in commercial loans to accelerate water supply, flood control and sewage projects in the city's newly-merged villages. The proposal was approved by the civic standing committee on Friday, chairman Shrinath Bhimale said.

The proposed borrowing will cover three major projects - Rs.445 crore for water supply in 12 newly-merged villages, Rs.200 crore for flood-control works, and Rs.522 crore for sewage infrastructure in seven newly-merged villages.

For the 12 newly-merged villages, the PMC plans to build a 200 million litres per day (MLD) water treatment plant, along with about 71 km of transmission lines, distribution networks, and metering systems. The overal...