After formation of the Special Purpose Vehicle (SPV) named Smart City limited, the State Government has now put on board a rollout plan for implementation of Smart City projects.
A high level meeting to this effect was held under the chairmanship of Chief Secretary Aditya Parsad Padhi wherein BMC Commissioner Kishan Kumar presented the updates and outlined the issues for discussion.
Available data show that the SPV for implementation of Smart City has been formed and registered as a company with the ambitious paid up capital of Rs 250 crore and authorized capital of Rs 500 crore. The equity of the SPV Company has been shared among the Odisha Government, the BMC and the BDA on 45:45:10 basis. It has been decided to have a Board of Directors under the chairmanship of the Development Commissioner-cum-Additional Chief Secretary comprising the Secretary Finance, the Secretary Housing and Urban Development, the Principal Secretary IT, the Principal secretary GA, the Commissioner of Police, the Vice-Chairman BDA, the Municipal Commissioner BMC , the representative from the Government of India, the representative from the OPTCl and five independent directors from various thematic areas like industry, urban housing, urban transport , IT, social equity etc.
The organizational structure of the SPV along with the matters relating to formation of the Executive Authority, Board Committees, Executive Committee, delegation of power to various committees, financial management etc were deliberated in the meeting. BMC Chairman Kishan Kumar mentioned that the SPV would have around 19 officers and staff from among whom six officers would be on whole time deputation and 13 would be recruited from open market. Roll out plan of the mega projects like integrated infrastructure development, water supply, stable power supply, sewerage, water recycling, affordable housing, redevelopment of core institutional area in Satyanagar, lake neutral etc also figured in the meeting. It was also decided to have a museum of urban history. This would be like a public plaza to showcase the chronological and historic view of the city’s evolution and architecture. Chief Secretary Padhi advised to collect relevant authentic data from various individuals and authorities for the museum.
Development Commissioner R Balakrishnan, Principal Secretary IT Pradeep Kumar Jena, Secretary Housing and Urban Development G Mathivathanan, Secretary Works Nalinikant Pradhan, Chief Executive OUIDF Shishir Kumar Rahho, CEO, Smart City limited R Vineel Krishnan along with senior officials from concerned departments participated.