Odisha proposes to share 50 pc project cost of Puri-Konark rail line

Odisha Sun Times Bureau
Bhubaneswar, Apr 28:

Odisha Chief Minister Naveen Patnaik today proposed the Centre to share half of the project cost of the new rail line from Puri to Konark in a bid to boost the tourism potential in the golden triangle circuit.

Patnaik urged Union Railway Minister Suresh Prabhu for early sanction of the project and signing of the MoU for timely completion.

CM @Naveen_Odisha proposes state sharing 50% of project cost for new rail line from Puri to Konark to boost tourism potential in #Odisha 1/3 pic.twitter.com/5tt2r0Ma3P

— CMO Odisha (@CMO_Odisha) April 28, 2017

Patnaik further said that with state contribution, the rate of return will be more than 20 per cent and extremely profitable for Railways.

State Government contribution to increase rate of return from 11.7% to 20%, making it an extremely profitable venture for @RailMinIndia 2/3

— CMO Odisha (@CMO_Odisha) April 28, 2017

CM @Naveen_Odisha urged upon Union Min @sureshpprabhu for early sanction of this project & signing an MOU for timely completion 3/3

— CMO Odisha (@CMO_Odisha) April 28, 2017

In reply to this, Suresh Prabhu expressed his desire to go ahead with the formalities of signing the agreement.

We are ready to sign it any day,we are waiting for it, as it was our initiative to share ownership with states of these JVs. @Naveen_Odisha https://t.co/LTurg6jsYv

— Suresh Prabhu (@sureshpprabhu) April 28, 2017