Projects of Rs 18,348 crore taken up on PPP mode

| | BHUBANESWAR
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Projects of Rs 18,348 crore taken up on PPP mode

Thursday, 17 October 2019 | PNS | BHUBANESWAR

Odisha's PPP management is a well-functioning system in the entire country with its single window clearance system and ground level facilitation for expeditious commissioning of the projects.

Reviewing the performance of the PPP Cell, Chief Secretary Asit Tripathy directed to make it more dynamic and innovative. Tripathy further directed that the PPP unit should conceptualize and formulate a shelf of projects for attracting more private sector investment.

The departments were asked to provide necessary technical support in formulation of the detail project after it is conceptualized by the PPP unit.

The proposal for developing the PPP cell to the level of an expert directorate under the supervision of Principal Secretary Finance was discussed in the meeting.

The Chief Secretary directed to form a detail proposal in the matter and place it for Government approval.

It may be pertinent here to mention that as of now the PPP cell has been operating in Planning and Convergence Department. Experts opine that bringing it under Finance department will help in better integration of budgetary and extra budgetary sources for developmental projects. It will help in enhancing the number of projects and activities within available budgetary provisions.

 Principal Secretary Meena appraised that as on  July 1, 2019 a total number of 88 projects of worth Rs 18,349 crore have been sanctioned under PPP mode. These projects are mainly in urban development, transport, industrial infrastructure, health, education, roads, tourism, food supplies and consumer welfare and energy sectors.

 Out of these 88 projects 57 projects worth Rs 8,365 crore have been completed and operationalized, 17 projects  worth Rs 4,861 crore are under various stages of completion and 14 projects of worth Rs 5,123 crore are under pipeline.

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