Odisha government has been urged by the office of the Comptroller & Auditor General of India (CAG) to conduct audit of non-major port projects during the construction stage. CAG feels audit during the time of construction will help determine the investments made by the port developers and also valuation of assets.
Now the State government, after the CAG’s direction, has written to the port developers seeking their views on the proposed audit. Presently, the audit only applies to operational and financial aspects of the port.
The audit to be carried out by a third party is part of the proposed amendments to model concession pacts planned by the State Commerce & Transport Department.
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