G20-linked smart city projects in Srinagar on track
17 May 2023
2 Min Read
CW Team
The government announced that 70 out of 120 smart city projects in Srinagar, the summer capital of Jammu and Kashmir, are progressing rapidly and nearing completion.
Athar Aamir Khan, CEO of Srinagar Smart City Limited (SSCL) and Commissioner of Srinagar Municipal Corporation (SMC), said at a press conference that all the smart city initiatives, which were prioritised due to the upcoming G20 summit, have either been completed or are close to completion.
Significant progress has been made on various projects, including the renovation of Airport Road and Flyover, the illumination of the city, the wire-free and pedestrian-only Polo View market, and a section of MA Road.
Notably, Gupkar junction has been completed, and the illumination of several buildings, such as Press Enclave and SPS Library, has also been completed.
The SSCL CEO stressed that 70 of the 120 smart city projects are currently in progress. Some have already been completed, while others are scheduled to be completed in June this year. He assured that each project has a defined timeline.
Furthermore, he expressed confidence that the majority of the projects will be completed by December 2023. In addition, all work under the smart city project will be completed within the set deadline, as further initiatives will commence between December 2023 and June 2024, as mandated by the Government of India.
Also Read
India's NHAI debt servicing cost to cross Rs 500 bn by FY28
GMADA fined, directed to give plot or refund money
The government announced that 70 out of 120 smart city projects in Srinagar, the summer capital of Jammu and Kashmir, are progressing rapidly and nearing completion.
Athar Aamir Khan, CEO of Srinagar Smart City Limited (SSCL) and Commissioner of Srinagar Municipal Corporation (SMC), said at a press conference that all the smart city initiatives, which were prioritised due to the upcoming G20 summit, have either been completed or are close to completion.
Significant progress has been made on various projects, including the renovation of Airport Road and Flyover, the illumination of the city, the wire-free and pedestrian-only Polo View market, and a section of MA Road.
Notably, Gupkar junction has been completed, and the illumination of several buildings, such as Press Enclave and SPS Library, has also been completed.
The SSCL CEO stressed that 70 of the 120 smart city projects are currently in progress. Some have already been completed, while others are scheduled to be completed in June this year. He assured that each project has a defined timeline.
Furthermore, he expressed confidence that the majority of the projects will be completed by December 2023. In addition, all work under the smart city project will be completed within the set deadline, as further initiatives will commence between December 2023 and June 2024, as mandated by the Government of India.
Also Read
India's NHAI debt servicing cost to cross Rs 500 bn by FY28
GMADA fined, directed to give plot or refund money
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..