(ii) Grant Support Fund (GSF): The GSF would be created to provide Capital Grants to implementing agencies to bridge viability gaps in urban sector projects and to complement debt financing from ULF. The GSF will have an initial corpus equivalent to 25 million Euro.

The above allocation of the Line of Credit equally between the ULF and GSF is only the initial allocation. However, if the PDA is able to develop projects with lower viability gap funding requirement than the limit of 50% proposed, the remaining amounts in the GSF will be transferred for loan funding from the ULF.

(iii) Project Development Fund (PDF): The PDF would be available to finance project preparation and development of bankable projects based on the guidelines for access to the PDF developed by the PDA initially and approved by the Board of Trustees. While the focus of the PDF will be to finance preparation of Detailed Project Reports (DPRs), it would also be used to undertake other project preparation activities (including preparation of City Development Plans, Pre-Feasibility Studies and feasibility studies) that eventually lead to preparation of bankable projects. The PDA and its Associates will not be allowed to participate in downstream project development activities undertaken with funding from PDF.
6. Organization Structure: [Click Here]

7. Address of the Office & its Sub-offices:

Odisha Urban Infrastructure Development Fund,
4th Floor, Zone A/2, Fortune Towers, Bhubaneswar

PIN-751023, Ph-0674-2300396, 2300397, e-mail: ouidf.hudd@gmail.com
8. Administrative Setup: [Click Here]

9. Working Hours Both for Office & Public:
Morning Hour: - 10.00 A.M.

Closing Hour: - 05.00 P.M.
(Excluding Govt. Holidays & Sunday)

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