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Odisha may start intra-city rail connectivity Project under PPP

 

Monday June 09, 2014

Odisha, PPP Project, Infrastructure Development  
 
AS viewed in the meeting of Odisha PPP Technical Society, various PPP initiatives of Government of Odisha achieved visible success with more than 12 projects made operational and 54 projects in pipeline at different stages.  
HNF Correspondent  
   

Odisha government has decided to take up Road, Power and Rail infrastructure projects under Public Private Partnership (PPP) mode through the Odisha PPP Technical Society. The decision was taken in a meeting of the society on January 7, 2013.

To achieve its goal, the government has set the target of mobilizing PPP projects worth Rs.500 Cr. in the state during 12th Plan period to develop quality economic and social infrastructure. Accordingly, a Public Private Partnership Policy has been promulgated to mobilise more partners apart from creating special funds to facilitate the projects and expedite the process of achieving this target. The funds include Odisha Infrastructure Project development Fund, Odisha Viability Gap Fund, Project Development and Facility Fund for Road Sector and Odisha Urban Infrastructure Development Fund.

 

A special amount of Rs.98 Cr. is put in these funds to undertake different technical studies, matching support to central viability gap funding, engagement of transaction advisors, conducting feasibility studies etc.

A dedicated PPP cell in Planning & Coordination Department has started providing turnkey support to line departments in project identification, prioritization, feasibility analysis, projects structuring, financing options and bid process management for selection of developers. Separate Project Management Units have also started functioning in various departments. While an empowered Committee under Chairmanship of Chief Secretary is constituted to sanction the projects entailing investment up to Rs.500 Cr, projects entailing beyond Rs.500 Cr. is to get approval of a High Level Authority Chaired by the Planning and Coordination Minister.

Participating in the meeting, the Chief Secretary, Bijay Kumar Patnaik, emphasized upon Residential Public School projects in Koraput, Keonjhar and Baripada and the Sambalpur - Rourkela Road project and advised the concerned departments to expedite their implementation. Suggesting that the PPP projects should fill up viability gaps, Patnaik also advised to examine the possibilities of intra-city and inter-city railway connectivity around Bhubaneswar.

The meeting held under chairmanship of Maheswar Mohanty, Minister of Planning and Coordination, viewed that the PPP initiatives of Government of Odisha achieved visible success with more than 12 projects made operational and 54 projects in pipeline at different stages.

The 12 PPP projects that have been made operational and started delivering the services include, among others, the Dhamra Port, a few market complexes in the capital city of Bhubaneswar, eco-tourism complexes, Important infrastructure projects under construction are Palashpanga-Bamberi Road, Port Project at Gopalpur, Modern Bus Terminal at Dhenkanal, Ib-Meramunduli 400 KV DC line, Info Park and Biotech Park at Bhubaneswar, Haridaspur- Paradeep Railway Project, Odisha Emergency medical Ambulance Service and Driving Training Institute at Chhatia are under construction. ‘These projects must be completed expeditiously through coordinated efforts among the departments,’ advised the Minister of planning and coordination.

 
 

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