Coimbatore seeks for more funding to carry out 48 smart city projects

Sun, 2020-05-24 21:12 -- SCC India Staff

Coimbatore seeks

The Coimbatore Municipal Corporation (CMC) is seeking the second instalment of fund to carry out projects under the Smart City mission. The corporation proposes to execute 48 projects at the cost of Rs 984.86 crore. The central government will contribute Rs 500 crore and the state government will give the rest of the money.

The civic body spent Rs 294 crore for executing projects in the last four years, an official privy to the projects said. The money was spent on the lake beautification projects, model road project at DB Road and on solar power plants.

“The corporation received Rs 396 crore 196 crore from the centre and Rs 200 from the state a couple of years ago. It spent Rs 196 crore from the central government fund and Rs 98 crore from the state government fund to execute projects,” the official said.

It completed 22 projects worth Rs 103 crore by March. As many as 24 projects worth Rs 755 crore are in the execution stage. “Two projects bio-mining project to safely dispose the accumulated waste at the Vellalore dumpyard and model road project at Race Course worth Rs 126 crore are in tender evaluation stage,” he said.

After spending most of the fund, the civic body has written to its headquarters to release the second instalment of fund. The corporation had to put several projects on hold due to reasons like lack of cooperation from the public and poor response from the contractors. The projects including lake rejuvenation project at Singanallur and Narasampathy, model road project at TV Samy Road, hockey ground project, smart tree project, air monitoring project and bicycle sharing project.