First phase of infrastructure for Palakkad Smart City to cost ₹1,100 crore
The first phase of infrastructure development for the proposed Palakkad Smart City will cost an estimated ₹1,100 crore. The Smart City is part of the upcoming Kochi-Bengaluru Industrial Corridor project. The investment will be on infrastructure development in the Puthussery Central and Kannambra areas, spread out over 1,400 acres. The infrastructure development and the tenders, which have been invited for the purpose, are central to the ambitious Industrial Corridor Development Project, said Industries Minister P. Rajeeve.
The work to develop the infrastructure is expected to be completed in four years. Bids for the Integrated Command and Control Centre building, landscaping etc will be called soon, the Minister said in a social media post. The infrastructure for which bids have been invited now include the roads in the project area, drainage, bridges, water supply system, fire fighting systems, water recycling process, sewerage line and water treatment plant.
Master plan
The master plan and detailed project report (DPR) for the initiative is ready. The project will be supervised and completed on a 50:50 basis between the National Industrial Corridor Development and Implementation Trust and Kerala Industrial Corridor Development Corporation Limited of Kerala government, which is a special purpose vehicle.
The State government has invested its share through KIIFB and the Central government will invest an equal amount on the project.
The State government had handed over 220 acres more to the Kerala Industrial Corridor Development Corporation in Puthurssery taluk in Palakkad district towards the end of April. Handing over the land is expected to speed up works on the project and increase the State government's share in the project.
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