Odisha CM approves Capital Region Urban Transport Service
KalingaTV News Network
Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Saturday approved the proposal to set up Capital Region Urban Transport (CURT) service replacing the existing Bhubaneswar-Puri Transport Service in the state.
The move will provide an improved bus service for the commuters travelling to Cuttack, Bhubaneswar, Konark and Puri -the most popular tourist destinations in the state.
According to sources, an amount of Rs 1 crore have been declared as paid up capital for this new project. The equity of the project will be shared by the Bhubaneswar Development Authority (BDA), Cuttack Development Authority (CDA) and private party on 60:20:20 basis.
The Chief Minister also approved the proposal to set up a Board of Directors for this project, sources added.