Odisha signs Rs 1,000 crore desalination project at Gopalpur
The state government has entered a tripartite agreement with the International Finance Corporation (IFC) and the State PPP Cell for the plant.
The Odisha government has signed a tripartite agreement to establish the state's first desalination plant at Gopalpur. According to Pragativadi, the Rs 1,000-crore project is a collaboration between the Industrial Infrastructure Development Corporation (IDCO), the International Finance Corporation (IFC), and the State PPP Cell.
The agreement was formalised during the 66th Meeting of the Empowered Committee on Infrastructure for PPP Projects at Lok Seva Bhawan. Chief Secretary Anu Garg chaired the meeting.
Chief Secretary Garg said the state is working with the IFC to develop a pipeline of projects in sectors such as industrial infrastructure and urban affordable housing. The committee gave in-principle approval to 11 projects identified with the IFC, costing approximately Rs 15,498 crore.
The committee also approved five new independent projects valued at Rs 831.68 crore. This brings the total value of newly cleared infrastructure initiatives to more than Rs 16,329 crore.
Kamal Dorabawila, Manager of PPP Transaction Advisory Services (South Asia) at IFC, said the IFC team is working to make Odisha a strategic location for competitive global investments. The committee also reviewed 28 ongoing PPP projects with a combined cost of Rs 28,764.28 crore.
