Nation Current Affairs 09 May 2018 SmartCity Kochi phas ...

SmartCity Kochi phase two work in full swing, says CEO Manoj Nair

DECCAN CHRONICLE.
Published May 9, 2018, 1:38 am IST
Updated May 9, 2018, 1:38 am IST
The second phase development, which is being carried out in association with co-developers has a combined investment of Rs 2,000 crore.
SmartCity Kochi
 SmartCity Kochi

Kochi: The second phase of SmartCity Kochi has been progressing in full swing and the necessary infrastructure for the same is ready, said Manoj Nair, CEO, SmartCity Kochi. He was delivering a talk on ‘SmartCity Kochi – Evolution of Township to Nurture Entrepreneurial Ecosystem’, organised by TiE Kerala here on Tuesday. Elaborating on infrastructure development carried out in SmartCity, Manoj Nair said that timely provision of utility to facilitate co-developer projects is the critical area of focus for the project’s team.

“Aimed at power adequacy, two substations will be commissioned by September. Powered by the Brahmapuram substation, the distribution system will provide power with high reliability with near zero disruption”. “As per the plans to promote alternative power sources, we are committed to facilitate setting up of solar power generating equipment. We are also in the process of setting up a 3 MLD water treatment plant for meeting our water requirement,” said Manoj Nair. He added that an investment of Rs 300 Cr has already been made for the IT building and the infrastructure development in the first phase of the project.

 

At present development is taking place in an area of 32 acres in the processing zone with another 32acres of land fully ready with infrastructure on the township side. Manoj Nair further said that aimed at improving connectivity to the area SmartCity Kochi is in talks with KMRL to facilitate a total transportation solution for the area. “Transportation is a top priority for us and integrated transportation is a unique feature of our master plan. A mobility hub with a land area of 2 acre for rail, road and water transport is planned within the development,” said Manoj Nair, adding that water metro is certain to become the lifeline of the area. The second phase development, which is being carried out in association with co-developers has a combined investment of Rs 2,000 crore. 

 

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Location: India, Kerala




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