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Centre approves ₹300 crore for Kerala’s Palakkad Industrial Smart City project
A file image of Pinarayi Vijayan, the Chief Minister of Kerala (Photo: IANS) Thiruvananthapuram Oct 24 : The Central government has sanctioned the third instalment of Rs 300.2 crore for the Palakkad Industrial Smart City Project, a key component of the Kochi-Bengaluru Industrial Corridor. The funds have been allocated to the Kerala Industrial Corridor Development Corporation Ltd. (KICDC), even as the State government transferred an additional 316 acres of land to the corporation. With this, the Centre has released a total of Rs 613.7 crore in three instalments, while Kerala has handed over 646 acres of land, accounting for nearly 45 per cent of the total project cost and land requirement. The KICDC, a Special Purpose Vehicle (SPV) jointly formed by Kerala’s KINFRA and the National Industrial Corridor Development and Implementation Trust (NICDIT) with equal equity participation, is implementing and coordinating the project. A high-level review meeting was recently held in Kochi to fast-track infrastructure development.
cityfalcon.com·1d ago
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Bhopal News: I-T Searches Continued On Premises Of Dilip Buildcon For Day-2, Documents Seized
The I-T team from Punjab continued to raid the premises of the Dilip Buildcon of Dilip Suryawanshi, the richest man in Bhopal, for the second day on Tuesday
cityfalcon.com·11d ago
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Dilip Buildcon JV Wins Madhya Pradesh Jal Nigams 100 MW Solar Project Auction
Dilip Buildcon, through its joint venture (JV) with DBL-APMPL, has won Madhya Pradesh Jal Nigams (MPJN) auction for developing a 100 MW solar project at Madhya Pradeshs Ramnagar and Dhanwada villages.
cityfalcon.com·18d ago
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Sensex, Nifty Poised For A Firm Opening; LTI Mindtree, Coal India, Dilip Buildcon, Brigade, NIBE Stocks Are In Focus
LG Electronics’ ₹11,607.01 crore IPO opens for subscription today, with a price band of ₹1,080 - ₹1,140.
Stocktwits·19d ago
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Dilip Buildcon Secures 100 MW Solar Project in Madhya Pradesh
Dilip Buildcon Ltd. ( ($IN:DBL) ) has shared an announcement. Dilip Buildcon Ltd., through its joint venture DBL-APMPL, has secured a contract to d...
cityfalcon.com·19d ago
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Palakkad Smart City: Kerala completes tender procedures
Kerala has finalized the tender for infrastructure development at the Palakkad Smart City, a key node in the Kochi-Bengaluru Industrial Corridor. A joint venture between Dilip Buildcon and PSP Projects secured the Rs 1,316.13 crore contract.
cityfalcon.com·1mo ago

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