Odisha Unveils New PPP Policy 2023 to in Public Infrastructure
ECONOMY & POLICY

Odisha Unveils New PPP Policy 2023 to in Public Infrastructure

The Odisha government has issued a fresh Public Private Partnership (PPP) Policy for the year 2023 with the aim of enticing private investments in the development of public infrastructure. This new policy, announced by the state Finance Department, is applicable to a wide range of infrastructure projects encompassing roads, bridges, ports, railways, airports, irrigation, helipads, industrial parks, logistic hubs, water supply, power, tourism, sports, healthcare, education, and inland waterways executed through the PPP framework.

To enhance the commercial viability of these projects and encourage private sector involvement, the government has introduced a provision for imposing user fees, as per an official notification. According to the policy, projects with a capital expenditure of up to Rs 10 crore will receive approval from the director of the state government's PPP Cell, provided they do not require support from the Odisha Infrastructure Development Fund (OIDF) or the state Viability Gap Funding (VGF).

For effective oversight, the government has established the Empowered Committee on Infrastructure (ECI), headed by the chief secretary. The ECI will grant approval for PPP projects ranging from Rs 10 crore to Rs 500 crore. For proposals exceeding Rs 500 crore, the ECI will present its recommendations to the High-Level Clearance Authority (HILCA), presided over by the chief minister, for final approval.

At the district level, a PPP committee led by the district collector will be instituted to coordinate and facilitate the implementation of infrastructure projects under the PPP mode.

The policy places a particular emphasis on mining areas, aiming to leverage existing funding mechanisms and institutional structures such as the District Mineral Foundation (DMF) and the Odisha Mineral Bearing Areas Development Corporation (OMBADC) to enhance infrastructure in regions impacted by mining activities.

In addition, Viability Gap Funding (VGF) from various central government schemes will be utilized to ensure the viability of PPP projects. The state government will contribute the remaining portion of the viability gap, as determined through open bidding, to support the implementation of critical infrastructure projects.

Furthermore, the scope of OIDF has been expanded, enabling its utilization for technical and financial pre-feasibility and feasibility studies, report preparation, bid document creation, and other necessary activities preceding the initiation of proposed infrastructure projects.

See also:
Finance ministry urges identifying projects for private partnerships
India to push for norms on digital public infra

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Odisha government has issued a fresh Public Private Partnership (PPP) Policy for the year 2023 with the aim of enticing private investments in the development of public infrastructure. This new policy, announced by the state Finance Department, is applicable to a wide range of infrastructure projects encompassing roads, bridges, ports, railways, airports, irrigation, helipads, industrial parks, logistic hubs, water supply, power, tourism, sports, healthcare, education, and inland waterways executed through the PPP framework. To enhance the commercial viability of these projects and encourage private sector involvement, the government has introduced a provision for imposing user fees, as per an official notification. According to the policy, projects with a capital expenditure of up to Rs 10 crore will receive approval from the director of the state government's PPP Cell, provided they do not require support from the Odisha Infrastructure Development Fund (OIDF) or the state Viability Gap Funding (VGF). For effective oversight, the government has established the Empowered Committee on Infrastructure (ECI), headed by the chief secretary. The ECI will grant approval for PPP projects ranging from Rs 10 crore to Rs 500 crore. For proposals exceeding Rs 500 crore, the ECI will present its recommendations to the High-Level Clearance Authority (HILCA), presided over by the chief minister, for final approval. At the district level, a PPP committee led by the district collector will be instituted to coordinate and facilitate the implementation of infrastructure projects under the PPP mode. The policy places a particular emphasis on mining areas, aiming to leverage existing funding mechanisms and institutional structures such as the District Mineral Foundation (DMF) and the Odisha Mineral Bearing Areas Development Corporation (OMBADC) to enhance infrastructure in regions impacted by mining activities. In addition, Viability Gap Funding (VGF) from various central government schemes will be utilized to ensure the viability of PPP projects. The state government will contribute the remaining portion of the viability gap, as determined through open bidding, to support the implementation of critical infrastructure projects. Furthermore, the scope of OIDF has been expanded, enabling its utilization for technical and financial pre-feasibility and feasibility studies, report preparation, bid document creation, and other necessary activities preceding the initiation of proposed infrastructure projects. See also: Finance ministry urges identifying projects for private partnershipsIndia to push for norms on digital public infra

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000