Kerala Launches Rs 11 Billion Infrastructure Project for Palakkad

23 May 2025 CW Team

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

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