Union Government approves Extension for Kochi Smart City Project
SMART CITIES

Union Government approves Extension for Kochi Smart City Project

The Kochi Smart City project has received approval from the Union government for an extension until June 2024. This decision has been hailed as positive news because without the extension, several initiatives initiated by the Cochin Smart Mission (CSML) would have been at risk.

Officials have stated that the additional time provided will allow the CSML to focus on implementing numerous on-going ideas. MP Hibi Eden played a significant role in advocating for the project's expansion by raising the issue with Rajiv Ranjan Singh, the chairman of the Parliament's urban affairs committee.

To date, the CSML has successfully completed 20 projects in the city. Furthermore, two projects are currently in the tendering process, and 30 projects are already in the execution phase. The extension from the central government is crucial for projects such as the Rs 720 million Ernakulam Market restoration and the Rajiv Awas Yojana (RAY) housing project, both of which have faced delays due to various reasons. Without the extension, these projects would have been severely hindered.

By extending the Smart City project until June 2024, the CSML now has the necessary breathing room to effectively continue its efforts. This extension ensures that important initiatives can precede uninterrupted, ultimately benefiting Kochi and its citizens.

The Kochi Smart City project has received approval from the Union government for an extension until June 2024. This decision has been hailed as positive news because without the extension, several initiatives initiated by the Cochin Smart Mission (CSML) would have been at risk. Officials have stated that the additional time provided will allow the CSML to focus on implementing numerous on-going ideas. MP Hibi Eden played a significant role in advocating for the project's expansion by raising the issue with Rajiv Ranjan Singh, the chairman of the Parliament's urban affairs committee. To date, the CSML has successfully completed 20 projects in the city. Furthermore, two projects are currently in the tendering process, and 30 projects are already in the execution phase. The extension from the central government is crucial for projects such as the Rs 720 million Ernakulam Market restoration and the Rajiv Awas Yojana (RAY) housing project, both of which have faced delays due to various reasons. Without the extension, these projects would have been severely hindered. By extending the Smart City project until June 2024, the CSML now has the necessary breathing room to effectively continue its efforts. This extension ensures that important initiatives can precede uninterrupted, ultimately benefiting Kochi and its citizens.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement