The European Bank of Reconstruction and Development (EBRD) has allocated a loan of RUR1.5bn ($48m) to the Russian water operator Rosvodokanal (RVK).
RVK will use the 13-year loan to upgrade the services and to fund further regional development projects in Russia.
The works will include upgrade and construction of water extraction facilities, modernising and extending water networks, energy efficiency improvements and installation of automated control systems.
The works will also include improving sewage collection networks and treatment facilities.
RVK will initially invest the proceeds of the new loan in three major regional centres in Tyumen, Tver and Orenburg.
