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<h1>Inland waterways development: MoU establishes a special purpose vehicle to build navigation infrastructure and enable bulk cargo transport.</h1> A Memorandum of Understanding establishes a Special Purpose Vehicle, Inland Waterways Consortium of Odisha Ltd (IWCOL), to implement development and operation of National Waterways 5 and National Waterways 64, with the inland waterways authority responsible for project preparation, obtaining statutory clearances, and developing terminals, barrages and navigation systems, while state, port and mining stakeholders facilitate cargo linkages to enable inland transport of coal and other bulk cargo between coalfields and seaports.