Around 12 out of 20 Smart City winners have already formed the SPVs.
Encouraged by the pro-development plans of the current Indian government, the urban local bodies (ULBs) of the winning 20 smart cities are finalising the uphill task of forming the Special Purpose Vehicles (SPVs).
Looking closer at the development over the formation of SPVs, the Smart Cities Council found out that of the 20 ULBs, around 12 municipal corporations have already formed the SPV. And, the applications of the remaining eight are in different stages of approval from their respective state governments.
Considering the model code of conduct declared in Tamil Nadu and Assam, due to elections, it is expected that the structure of the SPV in the former case will be pushed further, whereas the latter’s tendering process will require a green nod from the Election Commission of India.
According to the municipal commissioners of 12 corporations, the next step after the formation of SPV is issuing a request for proposal (RFP) for the commencement of detailed project report (DPR), mostly based on project-wise proposals. It is expected that the DPRs of around 10 or more municipal corporations will be ready before June 2016.
Importantly, most of the ULBs who have formed the SPVs are likely to commence the project-wise bidding process, soon after the completion of DPRs in the next 2-3 months.
Meanwhile, a few municipal corporations have taken a step further in their smart city preparations. One of them is Surat Municipal Corporation. The corporation, before forming the much needed SPV, has appointed PricewaterhouseCoopers and Tata Consulting Engineers to prepare a DPR, thanks to the proactive approach of the Gujarat government.
That said, another ULB — the New Delhi Municipal Corporation — has already issued RFPs for 10 mini-sewage treatment plants and SCADA system for energy & waste management.
What’s more? ULBs including Jaipur, Davangere and Coimbatore are preparing DPRs on specific focused areas, such as intra-modal mobility, solid waste management, heritage tourism, energy efficiency, surveillance, environmental sustainability, urban infrastructure and traffic management.
As a matter of fact, Guwahati Municipal Corporation and Visakhapatnam Municipal Corporation have gone one step ahead in terms of their smart city plan. The former will be seeking international consultants to prepare DPR, the latter has already roped in USTDA for assistance in making a master plan.
To add more, the Visakhapatnam Municipal Corporation has already floated tenders worth Rs 300 crore for underground cabling project, and the project is now is being incorporated in its smart city plan.