Tenders invited for infra project of Palakkad Smart City
The Kerala Industrial Infrastructure Development Corporation (Kinfra), in a release on Wednesday, said the tender has been invited for developing infrastructure at the Puthussery Central and Kannambra parts of the Palakkad Smart City (Integrated Manufacturing Cluster).
'The first-phase package, estimated at ₹1,100 crore, is targeted for completion within four years. The estimated cost covers development activities on 1,400 acres of land already acquired. The tender is for an EPC (Engineering, Procurement, and Construction) contract, encompassing design, construction, and maintenance,' the release said.
It further said that the key infrastructure components of the project include internal roads, drainage systems, bridges, water supply networks, fire-fighting systems, water reuse systems, sewer lines, power distribution systems, a sewage treatment plant, an industrial effluent collection system, and an effluent treatment plant.
The master plan and Detailed Project Report (DPR) for the project have already been completed and the implementation would be coordinated by the Kerala Industrial Corridor Development Corporation Ltd. (KICDC), it said.
Special purpose vehicle
The KICDC is a special purpose vehicle (SPV) formed jointly by the National Industrial Corridor Development and Implementation Trust (NICDIT) and the Government of Kerala, with an equal equity partnership, it added.
So far, the State government has spent ₹1,489 crore through the Kerala Infrastructure Investment Fund Board (KIIFB) for land acquisition and the Centre will spend ₹1,789.92 crore on infrastructure development in the project area, the release said.
'The Central share will be disbursed in phases as the State government hands over the acquired land to the SPV. In December 2024 the 1st tranche of the equity was transferred to the SPV by the State and Central governments as 110 acres of land and ₹104.5 crore respectively,' it said.
It said that the 2nd tranche of equity amounting to ₹209 crore from the Centre and 220 acres of land by Kinfra as state equity was transferred in the month of March 2025.
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