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Kerala ramps up development in schools and electricity with KIIFB funds

Kerala ramps up development in schools and electricity with KIIFB funds

Time of India24-04-2025

Minister MB Rajesh highlighted Kerala's strides in infrastructure development, emphasising the progress of school building projects under Kila, part of the Local Government Department. By 31st March, 26 school projects valued at Rs. 1 crore each and seven projects worth Rs. 3 crore each had been completed. Additionally, 254 projects are advancing through various stages.
Tenders have been issued for 116 construction works, with only 11 remaining to be tendered. Kila has stepped in to manage projects that other SPVs were hesitant to undertake. The minister expressed confidence that 190 more school buildings would be completed by March 2026, aiming to finish the contracted works within 15 months. These school projects are supported by KIIFB, which is celebrating its 25th anniversary as a flagship initiative of the state government. KIIFB has pioneered an alternative development model, implementing major infrastructure projects worth Rs. 87,521 crore, including national highway development.
KIIFB's contributions extend to public education, health, roads, and bridges. Minister Rajesh noted that KIIFB projects exceeding Rs. 250 crore are currently underway in his assembly constituency.
by Taboola
by Taboola
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Minister K Krishnankutty announced Kerala's efforts to achieve self-sufficiency in the electricity sector, highlighting the progress of various initiatives. Resolving voltage shortages was prioritised, with 14 substations planned at a cost of Rs 718.79 crore. Of these, 12 have been completed, and construction of the remaining two is ongoing.
The Kerala State Electricity Board (KSEB) received Rs 1,862.51 crore in assistance through KIIFB for various projects, enabling the completion of stalled substations. Additionally, Rs 1,157.72 crore in
KIIFB funds
was allocated for constructing nine extra high-tension lines. The completion of the Trans Grid project is expected to reduce transmission losses by 520 million units, saving Rs 250 crore annually.
Development projects in the Chittoor constituency have also benefited from KIIFB assistance. The minister shared that a draft proposal has been submitted to secure KIIFB funds for electricity generation and distribution projects, including hydroelectric expansion and the establishment of additional substations.
To know more about KIIFB,
click here
.
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