Odisha

Odisha Clears Five New PPP Projects Worth ₹1,130 Crore Across Key Sectors

Bhubaneswar: Odisha has moved ahead with a major push towards infrastructure and service expansion through the Public-Private Partnership (PPP) model, with the Empowered Committee on Infrastructure approving five new projects worth around ₹1,130 crore.

The high-level committee meeting, chaired by Chief Secretary Anu Garg, reviewed several proposed and ongoing PPP initiatives covering sectors such as healthcare, sewerage treatment, urban infrastructure, water supply, and animal vaccine production. The projects received in-principle approval during the meeting.

Officials said the projects are expected to strengthen public infrastructure while encouraging greater private sector participation in development activities across the state.

During the review, the Chief Secretary stressed the importance of timely execution and directed departments concerned to maintain strict monitoring and due diligence at every stage of implementation. She noted that PPP-based projects would play a significant role in attracting investment and supporting Odisha’s long-term development goals under the “Vision 2036” roadmap.

The committee also examined the existing pipeline of PPP proposals and asked project sponsoring authorities to ensure faster progress while maintaining transparency and efficiency in project execution.

In another key decision, the committee approved in principle a collaboration between the PPP Cell of the Finance Department and the International Finance Corporation (IFC). The partnership aims to help Odisha build a strong pipeline of viable PPP projects and create a more investment-friendly ecosystem in the state.

Officials said the move is expected to accelerate infrastructure development and improve service delivery in critical sectors through enhanced private participation.

Bureau The News Hashtag

Recent Posts

Odisha moves to strengthen technology-driven pollution monitoring and environmental governance

Bhubaneswar: Odisha is set to strengthen its environmental monitoring framework with greater use of technology,…

19 hours ago

Pravati Parida joins national summit on women and child development in Delhi

New Delhi/Bhubaneswar: Odisha Deputy Chief Minister Pravati Parida on Thursday met Union Women and Child…

19 hours ago

Odisha wins Wind India 2026 award for leadership in wind energy de-risking

Bhubaneswar: Odisha has received national recognition for its efforts to promote renewable energy, winning the…

19 hours ago

Odisha gears up to host Urban Mobility India Conference and National Urban Conclave

Bhubaneswar: Odisha is gearing up to host two major national-level urban development events, with preparations…

19 hours ago

IndiGo to launch daily non-stop Pune-Bhubaneswar flights from Oct 25

Bhubaneswar: Air connectivity between Odisha and Maharashtra is set to receive a boost with IndiGo…

2 days ago

Puja Special trains to run between Sealdah and Khurda Road to meet festive rush

Bhubaneswar: In a bid to accommodate the expected surge in passenger traffic during the upcoming…

2 days ago