PUDUCHERRY: The comprehensive drinking water project planned by the Puducherry government at an outlay of Rs 523 crore got a fresh lease of life with the French government development agency agreeing to extend the funding by another two years for implementing the project.

This was agreed upon after the Puducherry government delegation, led by PWD Minister K Lakshminarayanan, held discussions with the officials of Agence Francaise De Development (AFD), the French agency, led by Bruno Bosle, Country Director for India, a couple of days ago.

“They have agreed to extend the agreement after its expiry in June 2022 till June 2024. It is a soft loan to be repaid with 1.5 per cent interest in 15 years,” Lakshminarayanan said.