Overcoming Financing Challenges For Private Sector In Faecal Sludge and Septage Management in India
Channel: Sankalp Forum
Date: 2020-11-05

The objective of this session is to showcase the financing opportunity in Faecal Sludge and Septage Management (FSSM) to financial institutions and understand their point of view on the feasibility of select market mechanisms for financing private players operating FSTP projects. 
Government of India has been encouraging cities to prepare conventional sewage management plans comprising of sewer networks and sewage treatment plants (STPs). Even as this remains the long term approach, given its time and cost-related considerations, States have been encouraging ULBs to cover the hitherto un-sewered population with FSSM facilities. It is estimated that the number of households with septic tanks will have reached 45.15 million by 2024, with consequent demand for faecal sludge treatment increasing to 61 million liters per day. Consequent to the rise in demand for faecal sludge treatment, capital investment requirement for setting up FSSM facilities is expected to rise to INR ~6000 Cr by 2024. Additional funding would also be required for operations and maintenance of these facilities. This presents an opportunity for both public sector and private sector to join hands. While the opportunity is immense, there is a need to improve access to finance for the private sector so as to enable them to seize this opportunity.
This session at Sankalp will be structured as a roundtable discussion with existing FSTP operators such as Banka Bioloo and Tide Technocrats showcasing different business models in faecal sludge treatment and presenting associated financing needs. This will be followed by engaging financial institutions and other ecosystem stakeholders in a discussion on the feasibility of select market mechanisms for FSTP projects. 

This session is supported by Intellecap.