Palakkad Smart City: Kerala Finalizes Tender Processes
THIRUVANANTHAPURAM: Kerala has successfully completed the tender process for infrastructure development at Palakkad Smart City, the initial node of the Kochi-Bengaluru Industrial Corridor. According to a statement from the CMO, the construction contract has been awarded to a joint venture between Dileep Buildcon Limited (DBL) and PSP Projects Limited. This accomplishment makes Kerala the first state to finalize procedures for infrastructure development among the 12 industrial corridor-smart city projects approved in the country last year. The contract, valued at Rs 1,316.13 crore (including GST), was awarded after a competitive national tender process, with four companies participating, as per KINFRA (Kerala…