NABARD approves ₹1,685.27 crore loan—the first-ever to an Odisha PSU—to strengthen transmission projects and support the state’s growing energy needs. Bhubaneswar: Odisha has taken a major step toward improving its power infrastructure with a new partnership between the Odisha Power Transmission Corporation Limited (OPTCL) and the National Bank for Agriculture and Rural Development (NABARD). Officials…
ACS Satyabrata Sahu directs officials to prioritise land diversion, expedite statutory approvals for highways, railways and telecom works Bhubaneswar : In a decisive move to accelerate infrastructure growth, the Odisha government has directed forest officials to fast-track forest land diversion proposals and environmental clearances for critical projects, including national highways, railways, pipelines, and mobile connectivity…
Audit reveals lack of monitoring and control behind years of non-payment by profit-making enterprises Bhubaneswar : A recent audit by the Accountant General has revealed that state public sector enterprises (SPSEs) in Odisha owe a massive ₹3,593.52 crore in unpaid dividends to the state government, exposing serious lapses in financial monitoring and internal control mechanisms….
