Aleem Basha, Commissioner, Kakinada Municipal Corporation

“For our smart city, the budgeted cost is around Rs 2,000 crore. Of this, the maximum amount has been assigned for pan-city development and the rest for area-based development. Importantly, unlike other corporations, we have not incorporated our share in the annual budget as we are financially well placed and have an alternate source to raise funds. Meanwhile, we have already formed the SPV and are in the process of finalising the members, after which the SPV will come out with an RFP for the appointment of consultants for DPR. And then, in the next four months, we will float tenders to be undertaken on a project-wise basis.”

Aleem Basha
Friday, April 15, 2016 - 14:15