Bhubaneswar: The Odisha government today signed a Memorandum of Understanding (MoU) with NABARD for conservation of ground water.
According to the agreement, South Korea based Green Climate Fund would sanction funds for construction of project for the purpose.
The MoU was signed between special secretary of Water Resources department and NABARD CGM in presence of chief minister Naveen Patnaik at State secretariat.
Patnaik said Odisha became the first State in the country to construct project with Green Climate Fund.
As per the pact, 10,000 ponds and artificial water bodies will be dug in the state to store rain water and recharge the ground water. The water could be utilised in future for agriculture and other prp[oses.
Solar pumps will be installed at 1000 places to fetch water for small irrigation projects. The projects will be undertaken in 15 districts at a cost of Rs 1115 crore. NABARD would provide Rs 232 crore GCF funds.
The State government has targeted to complete the project within five years.