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Tendered: 6,452 Smart City projects worth Rs.184,988cr

Fiinews by Fiinews
December 1, 2021
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SCM implementation period extended to June 2023

India’s Smart Cities have tendered out 6,452 projects worth Rs.184,998 crore while work orders have been issued in 5,809 projects worth Rs.156,571 crore as of 12 Nov 2021, Minister of State in the Ministry of Housing and Urban Affairs, Kaushal Kishore, said in a written reply in the Rajya Sabha on 29 Nov 2021.

He added that 3,131 projects worth Rs.53,175 crore have been completed as part of the Government’s Smart Cities Mission (SCM) which was launched on 25 June 2015 for development of 100 cities.

The Central Government has released Rs.27,235 crore to States and Union Territories for their Smart Cities as of 12 Nov 2021.

Out of 1,910 projects worth Rs.58,880 crore that were part of the Smart City Proposals (SCPs) of Smart Cities selected in Round-1, 1,768 projects (93%) worth Rs.47,006 crore (80%) have either been completed or are under implementation.

The period of implementation of SCM has been extended up to June 2023 and all Round-I cities are expected to complete their projects within the stipulated time. #tenders #projects /fiinews.com

Tags: Ministry of Housing and Urban Affairs
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