As per the Joint Venture Agreement signed between Government of Odisha and Ministry of Railways, Odisha Rail Infrastructure Development Limited has been incorporated as a State Govt. Company under the provisions of the Companies Act, 2013, on 23rd March 2017 with equity participation of 51% and 49% by Government of Odisha and Ministry of Railways respectively. The Registered office of ORIDL is at the IDCO Towers, Janpath, Bhubaneswar.
The Company is managed by the Board of Directors comprising Chairman, Managing Director and two nominated Directors each from Government of Odisha and Ministry of Railways. The Company has the mandate to develop viable railway projects, by itself or through a subsidiary /special purpose vehicles, including projects with viability gap funding.