Kerala Affairs
SCTL, Trida to share revenue for three Thiruvananthapuram smart city projects
Smart cityThiruvananthapuramLtd (SCTL) and Thiruvananthapuram development authority (Trida) will share the revenue generated from three smart city projects being implemented at Palayam andChalai.
The has approved the revenue sharing model between SCTL and Trida in developing the three projects rehabilitation block at Palayam (on M block and waste dump site) as part of Palayam market redevelopment, multi-level car parking complex (behind Saphalyam complex) and Warehousing complex at Attakulangara, Chalai. These projects are being implemented using smart city mission funds.
As per the memorandum of understanding, the share of SCTL will be the cost incurred for project development and annual maintenance contract for five years.
National and International Affairs
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