Bhubaneswar: The State Cabinet today approved 10 issues including publication of Lokpal report of late Justice Sarat Mohapatra on proposed world class Vedanta University.
The meeting, presided over by chief minister Naveen Patnaik at the State Secretary here, endorsed constitution of three joint venture companies with public sector undertaking (PSUs) both State and Central. The JVs aim at meeting power needs of the state for another seven years. Since the Odisha Power Transmission Corporation Limited (OPTCL) is not capable to raise capital for investment in power sector, it is planned to form JV with state-owned Odisha Mining Corporation (OMC) which has recently shown keen interest for investment in power sector.
The second JV will be with the Central PSU Power Grid Corporation of India Limited (PGCIL). Similarly, OPTCL will enter into another Central PSU Mahanadi Coalfields (MCL) for joint venture. MCL as a coal bearing company has proposed to invest in power sector. Sources said as per JVs, several projects of transmission lines of 400 KV, 200 KV and 132 KV will be undertaken in the state.
About Rs 12,000 crore will be pumped in through JVs routes for generation of power in the state. Apart from Independent Power Producers (IPPs), Ultra Megal Power Projects (UMPPs), these JVs will help increase power generation in the state primarily for the purpose of meeting increasing demands in the coming years, said a senior official of the energy department. Besides, the Cabinet approved regularisation of 30 OAS Class-II officers. These officers were not recommended by the Odisha Public Service Commission (OPSC). Out of these 30 officers, 21 have already retired, two died and seven are still working. The renaming of Directorate of Homeopathy and Ayurvedic has been as Directorate of Ayush has been approved by the Cabinet. The Cabinet gave its nod for formulation of a Rule for the officials of Odisha Human Rights Commission (OHRC).
It also approved remittance and reduction of loans for agricultural purposes under Indian Stamps Act, 1899. For a loan amount up to Rs 10 lakh, there will be no stamp duty and above the ceiling two per cent will be charged. The Cabinet also approved annual reports of Lokpal and four special reports will now be made public. This includes Lokpal report of late Justice Mohapatra on Vedanta University, sources said.