Gopalpur Desalination Project: 66th Meeting of the Empowered Committee on Infrastructure for PPP Projects was held under the Chairpersonship of Chief Secretary, Odisha Mrs. Anu Garg at Lokseva Bhawan, Bhubaneswar. Chief Secretary emphasized that as per the current collaboration with International Finance Corporation (IFC), they are required to build a pipeline of doable PPP Projects across diverse sectors ranging from urban affordable housing, industrial infrastructure, etc. including projects with large scale social impacts.
In the meeting, IDCO, IFC and PPP Cell signed the tripartite agreement for the “Desalination Project at Gopalpur”, the first-of-its-kind PPP project in the State with total project cost of around Rs. 1000 Crore. Mr. Kamal Dorabawila, Manager, PPP Transaction Advisory Services (South Asia), IFC mentioned in his address that the entire team of IFC is keenly focused on making Odisha, the strategic hub of globally competitive investment opportunities.
A total of eleven projects worth aggregate project cost around Rs. 15,498 Crore, identified as part of the collaboration with IFC, were granted in-principle approval by the Committee. Further, five other new projects worth aggregate project cost around Rs. 831.68 Crore were also approved. Besides, the status of 28 ongoing PPP projects worth aggregate project cost around Rs. 28,764.28 Crore were also reviewed.
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