PPP projects worth Rs 15k crore available under smart city projects
SMART CITIES

PPP projects worth Rs 15k crore available under smart city projects

Under the Smart Cities Mission, an ambitious urban infrastructure plan of the Ministry of Housing and Urban Affairs (MoHUA), a total of 160 public-private partnership (PPP) early-stage projects totalling Rs 15,000 crore are available in various smart cities.

Since the Smart Cities Mission had completed 228 PPP projects worth Rs 22,000 crore across 60+ cities, the MoHUA and Invest India, the National Investment Promotion and Facilitation Agency, organised a virtual roadshow to showcase PPP opportunities under the Smart Cities Mission, in which various smart city CEOs directly showcased PPP opportunities from their cities to private investors and start-ups.

During this virtual roadshow, the Ministry emphasised the necessity of business sector involvement in the Smart Cities Mission's growth.

The event also emphasised the importance of maintaining global engagement and the opportunities available on India Investment Grid, a portal built by Invest India that has garnered over 3.5 million views from over 195 countries, with smart city initiatives gaining growing global attention.

Deepak Bagla, CEO, of Invest India said that global investors have shown a strong interest in India's infrastructure potential, especially those offered by the Smart Cities Mission. To unleash the New India growth story, there is immense potential for beneficial cooperation with the private sector.

CEOs from ten smart cities, including Nagpur, Ranchi, Nashik, Srinagar, Pune, Bilaspur, Gwalior, Imphal, Shivamogga, and Warangal, presented PPP potential in four sectoral sessions, including urban transportation, commercial infrastructure and hospitality, education, and energy.

Multi-level smart parking, market renovation, urban mobility, solar power generation, the creation of multi-modal transportation hubs, and the establishment of educational hubs were all covered by the projects.

Image Source

Also read: NDMC to upgrade four major parks under Smart City projects

Under the Smart Cities Mission, an ambitious urban infrastructure plan of the Ministry of Housing and Urban Affairs (MoHUA), a total of 160 public-private partnership (PPP) early-stage projects totalling Rs 15,000 crore are available in various smart cities. Since the Smart Cities Mission had completed 228 PPP projects worth Rs 22,000 crore across 60+ cities, the MoHUA and Invest India, the National Investment Promotion and Facilitation Agency, organised a virtual roadshow to showcase PPP opportunities under the Smart Cities Mission, in which various smart city CEOs directly showcased PPP opportunities from their cities to private investors and start-ups. During this virtual roadshow, the Ministry emphasised the necessity of business sector involvement in the Smart Cities Mission's growth. The event also emphasised the importance of maintaining global engagement and the opportunities available on India Investment Grid, a portal built by Invest India that has garnered over 3.5 million views from over 195 countries, with smart city initiatives gaining growing global attention. Deepak Bagla, CEO, of Invest India said that global investors have shown a strong interest in India's infrastructure potential, especially those offered by the Smart Cities Mission. To unleash the New India growth story, there is immense potential for beneficial cooperation with the private sector. CEOs from ten smart cities, including Nagpur, Ranchi, Nashik, Srinagar, Pune, Bilaspur, Gwalior, Imphal, Shivamogga, and Warangal, presented PPP potential in four sectoral sessions, including urban transportation, commercial infrastructure and hospitality, education, and energy. Multi-level smart parking, market renovation, urban mobility, solar power generation, the creation of multi-modal transportation hubs, and the establishment of educational hubs were all covered by the projects. Image Source Also read: NDMC to upgrade four major parks under Smart City projects

Next Story
Infrastructure Urban

JSW Infrastructure to Invest Rs 150 Billion in Port Expansion

JSW Infrastructure plans to invest Rs 150 billion over the next three years, primarily in port development, and an additional Rs 90 billion over five years in logistics. Of the logistics budget, Rs 10 billion has already been spent on acquiring Navkar Corporation. According to Lalit Singhvi, Whole-time Director and CFO, the company’s greenfield port projects, including Jatadhar, Keni, and Murbe, are on track for completion within two to three years. Brownfield expansions at Jaigarh and Dharamtar are also progressing, with operations expected to begin within 18 months. Meanwhile, the Goa..

Next Story
Infrastructure Urban

Indian Auto Sector Set for 70% Workforce Expansion in H2 FY25

The Indian automotive sector, contributing around 7% to the country’s GDP, is expected to see a 70% workforce expansion in the second half of FY25, according to a report by TeamLease Services. The sector is witnessing an 8.5% net employment change, driven by rising demand for electric vehicles (EVs), premium models, and high-tech connected automobiles. With companies ramping up EV production and integrating advanced technologies, there is a surge in demand for specialised roles, including robotics experts, software engineers, and supply chain managers. Chennai (63%), Mumbai (62%), and D..

Next Story
Infrastructure Transport

91% of Airport Capex Target Achieved: Economic Survey

The Economic Survey reports that over 90% of the planned capital expenditure on airports between FY20 and FY25 has been achieved by private operators and the Airports Authority of India (AAI). Of the total target, AAI’s contribution is approximately Rs 250 billion, with the remaining investment coming from airport developers under the PPP model. As part of the PM Gati Shakti initiative, the government aims to establish a seamless multimodal connectivity network, integrating aviation with railways, roads, and waterways. Additionally, in the aircraft maintenance, repair, and overhaul (MRO..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000