Kerala Launches Rs 11 Billion Infrastructure Project for Palakkad
SMART CITIES

Kerala Launches Rs 11 Billion Infrastructure Project for Palakkad

The Kerala government has launched the first phase of infrastructure development for the proposed Palakkad Smart City, part of the Kochi-Bengaluru Industrial Corridor. With an investment of Rs 11 billion, the project will transform over 1,400 acres in Puthussery Central and Kannambra into an Integrated Manufacturing Cluster.

Tenders have been invited for works including internal roads, drainage, bridges, water supply, firefighting, wastewater recycling, sewage treatment, and power distribution. Bids will soon be called for an Integrated Command and Control Centre, landscaping, and other urban infrastructure. These form part of an Engineering, Procurement, and Construction contract covering design, construction, and maintenance.

The Kerala Industrial Corridor Development Corporation Limited, a special purpose vehicle jointly held by the National Industrial Corridor Development and Implementation Trust and the Kerala government, will manage the project. The Kerala Infrastructure Investment Fund Board has invested Rs 14.89 billion for land acquisition. The Central government will contribute Rs 17.89 billion in phases.

Significant land and funding tranches have already been transferred to the SPV. The Kerala Industrial Infrastructure Development Corporation is facilitating land transfers and tendering. The Smart City aims to boost industrial growth, employment, and connectivity in the region.

Source:Elets News Network

The Kerala government has launched the first phase of infrastructure development for the proposed Palakkad Smart City, part of the Kochi-Bengaluru Industrial Corridor. With an investment of Rs 11 billion, the project will transform over 1,400 acres in Puthussery Central and Kannambra into an Integrated Manufacturing Cluster.Tenders have been invited for works including internal roads, drainage, bridges, water supply, firefighting, wastewater recycling, sewage treatment, and power distribution. Bids will soon be called for an Integrated Command and Control Centre, landscaping, and other urban infrastructure. These form part of an Engineering, Procurement, and Construction contract covering design, construction, and maintenance.The Kerala Industrial Corridor Development Corporation Limited, a special purpose vehicle jointly held by the National Industrial Corridor Development and Implementation Trust and the Kerala government, will manage the project. The Kerala Infrastructure Investment Fund Board has invested Rs 14.89 billion for land acquisition. The Central government will contribute Rs 17.89 billion in phases.Significant land and funding tranches have already been transferred to the SPV. The Kerala Industrial Infrastructure Development Corporation is facilitating land transfers and tendering. The Smart City aims to boost industrial growth, employment, and connectivity in the region.Source:Elets News Network

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?