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.

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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement