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Smart City: Chief Secy wants project specific SPV

Bhubaneswar, Nov 24: Chief Secretary Aditya Prasad Padhi on Friday directed the concerned authorities to form project specific Special Purpose Vehicle (SPV) for making the railway station multi-nodal hub project of the ambitious Smart City of Bhubaneswar self-sustaining.

Reviewing the progress of the project in a high level meeting held at the State Secretariat Padhi directed the officials to ensure timely completion of the project. Development Commissioner R Balakrishnan participating in the discussion advised to design the project very artistically as an iconic building with the touch of Odishan art and culture.

Presenting the project Bhubaneswar Municipal Corporation (BMC) Mayor Krishan Kumar informed that it is Bhubaneswar’s first smart public building and transit oriented development plan.

The major components of the project include efficient parking place  circulation space, multi-level car parking, business plaza, iconic tower with retail office, hotel, convention hall, residential space, renovated Ashoka Market, city bus terminal, night shelter for homeless, street vendor rehabilitation facilities and public amenities. Redevelopment of Bhubaneswar Railway Station is another important sister scheme of this project. The project would be developed in two phases.

It was decided to start the ground level activities for the first phase after formation of the project specific SPV. The first phase of the project would involve investment of around Rs 250 crore. BDA would implement the project with the support of State Government.  

Housing and Urban Development Secretary G Mathivathnan, General Administration Special Secretary Ashok Kumar Meena, Works Secretary Nalini Kanta Pardhan, Smart City Chief Executive Officer Vineel Krishna, Commerce and Transport Special Secretary Monoj Kumar Mishra, Odisha Urban Infrastructure Development Fund Chief Executive Shishir Kumar Ratho along with senior officers from concerned departments participated in the discussions.

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