Bhubaneswar: The Empowered Committee on Infrastructure for PPP Projects under the chairpersonship of Chief Secretary Anu Garg accorded in-principal approval to five new PPP projects, worth a total project cost of Rs 1,130 crore across key sectors like health, sewerage treatment, urban development, water supply and animal vaccine production.
In this context, the committee also reviewed the ongoing pipeline of PPP projects and advised the concerned departments/ project sponsoring authorities to adhere to strict timelines as well as due diligence at each phase of project execution.
The Chief Secretary emphasised on how PPP projects are critical to achieving the targets set for attracting private investment under ‘Vision 2036’ and to the overall sustainability of a developed Odisha.
Further, the committee granted in-principle approval to the collaboration between the PPP Cell in the Finance department and the International Finance Corporation (IFC) for building a pipeline of doable projects and a robust PPP-friendly ecosystem in the state.
