IWAI, Odisha Govt Ink Rs 12,200 Crore Pact to Revive Inland Waterways
WATER & WASTE

IWAI, Odisha Govt Ink Rs 12,200 Crore Pact to Revive Inland Waterways

The long-pending plan to develop Odisha’s inland waterways has gained momentum with the Inland Waterways Authority of India (IWAI) partnering with the state government, Paradip Port Authority (PPA) and Mahanadi Coalfields Limited (MCL) for the operationalisation of National Waterway-5 (NW-5) and National Waterway-64 (NW-64).
An MoU to this effect was signed recently during the India Maritime Week 2025 in Mumbai. The collaboration aims to harness the state’s river network for sustainable freight movement and regional economic growth, with an estimated investment of Rs 122 billion.
The initiative will facilitate seamless transportation of coal and bulk cargo from the Talcher coalfields to Paradip and Dhamra ports through an integrated inland waterway system.
Announced in 2008, the 588 km-long NW-5 — connecting the Mahanadi, Brahmani Delta, Matai River and East Coast Canal to industrial hubs in Kalinganagar and Talcher — had faced delays due to viability issues. The revived plan will begin with a 332 km stretch linking Paradip, Dhamra and Talcher, comprising 237 km from Talcher to Mangalgadi and 95 km from Dhamra to Paradip.
Similarly, NW-64 spans 425 km along the Mahanadi from Paradip sea mouth to Sambalpur barrage. In the first phase, a 98 km section between Paradip Port and Cuttack barrage — including 75 km of the Luna River — will be developed.
The project will be implemented through a Special Purpose Vehicle (SPV), Inland Waterways Consortium of Odisha Ltd (IWCOL). IWAI will lead project preparation, obtain statutory clearances, and develop critical infrastructure such as terminals, barrages and navigation systems.
Under the agreement, the state government will provide encumbrance-free land, facilitate clearances and extend administrative support. MCL will ensure assured cargo movement and first-mile connectivity, while PPA will promote cargo handling and encourage a shift towards inland water transport.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The long-pending plan to develop Odisha’s inland waterways has gained momentum with the Inland Waterways Authority of India (IWAI) partnering with the state government, Paradip Port Authority (PPA) and Mahanadi Coalfields Limited (MCL) for the operationalisation of National Waterway-5 (NW-5) and National Waterway-64 (NW-64).An MoU to this effect was signed recently during the India Maritime Week 2025 in Mumbai. The collaboration aims to harness the state’s river network for sustainable freight movement and regional economic growth, with an estimated investment of Rs 122 billion.The initiative will facilitate seamless transportation of coal and bulk cargo from the Talcher coalfields to Paradip and Dhamra ports through an integrated inland waterway system.Announced in 2008, the 588 km-long NW-5 — connecting the Mahanadi, Brahmani Delta, Matai River and East Coast Canal to industrial hubs in Kalinganagar and Talcher — had faced delays due to viability issues. The revived plan will begin with a 332 km stretch linking Paradip, Dhamra and Talcher, comprising 237 km from Talcher to Mangalgadi and 95 km from Dhamra to Paradip.Similarly, NW-64 spans 425 km along the Mahanadi from Paradip sea mouth to Sambalpur barrage. In the first phase, a 98 km section between Paradip Port and Cuttack barrage — including 75 km of the Luna River — will be developed.The project will be implemented through a Special Purpose Vehicle (SPV), Inland Waterways Consortium of Odisha Ltd (IWCOL). IWAI will lead project preparation, obtain statutory clearances, and develop critical infrastructure such as terminals, barrages and navigation systems.Under the agreement, the state government will provide encumbrance-free land, facilitate clearances and extend administrative support. MCL will ensure assured cargo movement and first-mile connectivity, while PPA will promote cargo handling and encourage a shift towards inland water transport.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement