Orissa plans civic bond route to raise Rs 250 cr.
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27/03/2002
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Business Line (New Delhi)
The Orissa Government is taking up major sewerage improvement and institutional strengthening projects at Bhubaneswar, Puri, Cuttack, Paradip and Sambalpur. In this regard, it is planning to raise Rs 250 crore from the market for the funding of these urban infrastructure development projects. The money will be raised through the issue of tax-free municipal bonds by Orissa Water Supply and Sewerage Board (OWSSB).