Palakkad Smart City Phase 1 to Cost Rs 11 Bn
SMART CITIES

Palakkad Smart City Phase 1 to Cost Rs 11 Bn

The first phase of infrastructure development for the proposed Palakkad Smart City is estimated to cost Rs 11 billion. The smart city is a key component of the Kochi–Bengaluru Industrial Corridor and will focus on infrastructure upgrades across 1,400 acres in the Puthussery Central and Kannambra areas.

Kerala Industries Minister P. Rajeeve announced that tenders have already been invited for core infrastructure works, which are central to the broader Industrial Corridor Development Project. The development is expected to be completed within four years.

Tenders will soon be floated for the Integrated Command and Control Centre building, landscaping, and other related facilities. Current bids include infrastructure such as roads, drainage systems, bridges, water supply, firefighting systems, water recycling, sewerage lines, and a water treatment plant.

The master plan and Detailed Project Report (DPR) have been finalised. The project will be implemented under a 50:50 partnership between the National Industrial Corridor Development and Implementation Trust (NICDIT) and the Kerala Industrial Corridor Development Corporation Limited, a special purpose vehicle of the state government.

Kerala’s contribution is being funded through the Kerala Infrastructure Investment Fund Board (KIIFB), with an equal share to be invested by the central government.

In late April, the state government handed over an additional 220 acres of land in Puthussery taluk to the Kerala Industrial Corridor Development Corporation. This transfer is expected to accelerate construction activities and enhance the state’s stake in the project.

The first phase of infrastructure development for the proposed Palakkad Smart City is estimated to cost Rs 11 billion. The smart city is a key component of the Kochi–Bengaluru Industrial Corridor and will focus on infrastructure upgrades across 1,400 acres in the Puthussery Central and Kannambra areas.Kerala Industries Minister P. Rajeeve announced that tenders have already been invited for core infrastructure works, which are central to the broader Industrial Corridor Development Project. The development is expected to be completed within four years.Tenders will soon be floated for the Integrated Command and Control Centre building, landscaping, and other related facilities. Current bids include infrastructure such as roads, drainage systems, bridges, water supply, firefighting systems, water recycling, sewerage lines, and a water treatment plant.The master plan and Detailed Project Report (DPR) have been finalised. The project will be implemented under a 50:50 partnership between the National Industrial Corridor Development and Implementation Trust (NICDIT) and the Kerala Industrial Corridor Development Corporation Limited, a special purpose vehicle of the state government.Kerala’s contribution is being funded through the Kerala Infrastructure Investment Fund Board (KIIFB), with an equal share to be invested by the central government.In late April, the state government handed over an additional 220 acres of land in Puthussery taluk to the Kerala Industrial Corridor Development Corporation. This transfer is expected to accelerate construction activities and enhance the state’s stake in the project.

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement