Breaking News

Medical colleges proposed in Rayagada, Gajapati in PPP mode

Bhubaneswar: As part of the holistic development plan for the undivided KBK region, the Odisha Government proposed to establish medical colleges with 100 seats each and associated hospitals with 500 bed capacity in Rayagada and Gajapati districts through the public private partnership (PPP) route. These projects are the first medical college projects in the country to have been approved by Central Government for Viability Grant Funding (VGF) support. 

The estimated project cost is approximately Rs 330 crore for each location, of which 40 percent cost would be admissible as VGF support to be shared equally between Central and State Governments.

To promote these projects and encourage wider participation by a larger number of private partners, the State Government organized an investor meet at Centre for Good Governance at  Hyderabad on Friday which was attended by national level chains like Manipal Hospitals, Hi-Tech Group, JIS Group, MNR Educational Trust, LACFI, Hamdan Group-Abu Dhabi, CHAI, New Life Hospital, Universal Empire Group, Apollo Institute of Medical Science, Abengoa, Baxipatra Trust, GSL Trust etc. Leading project financiers and private equity associations too participated in the investor meet.

Chairing the meet, Atanu Sabyasachi Nayak, Minister Health & Family Welfare and Information & Public Relations, outlined some of the other health sector initiatives that the State Government has taken up through PPP mode and stressed that these have been planned as a convergent action plan to spread the impact especially for the poor. The role of technical assistance agencies like DFID, IFC, Ernst & Young, etc was appreciated in widening the PPP portfolio in the State.

Pradipta Kumar Mohapatra, Principal Secretary Health & Family Welfare speaking on the occasion, reiterated the significance of the proposed medical colleges and the State’s commitment in terms of making available requisite land, associated infrastructure like road connectivity, power and water linkages. The priorities of the State Government to address the health sector challenges were outlined. The rapid progress made by Odisha in PPPs during the last 2-3 years was discussed.

No comments