亚博体育官网首页

ISCDL focuses on innovative initiatives to retain National Smart City Award
SMART CITIES

ISCDL focuses on innovative initiatives to retain National Smart City Award

In the midst of uncertainty regarding the possibility of receiving a further extension, the Indore Smart City Development Corporation (ISCDL) has proactively identified key areas for focused efforts over the next year. These efforts aim to provide consultancy services, thereby contributing to the retention of their status as winners of the National Smart City Award.

Senior officials from ISCDL have shared that the central government had established the smart city corporation in various selected cities, including Indore. Each city was allocated a budget of Rs 10 billion for a period of five years, up until March 2023. The purpose of this allocation was to foster innovative ideas and initiatives for the development of these cities. Indore, having been recognised as the joint winner alongside Surat in the previous year, achieved distinction in the National Smart City Award by securing first and second positions across six out of a total of twelve categories in the competition.

The India Smart Cities Award Contest (ISAC 2022) is scheduled for September 27, spanning two days. During this event, ISCDL and the other winning cities will be honored with awards presented by the President of India, Draupadi Murmu.

Meanwhile, ISCDL has proactively identified key areas in which it plans to take innovative initiatives. This strategic approach is geared towards achieving the highest scores possible in relevant categories for the upcoming year's contest. The goal is to uphold and sustain their position as recipients of the National Smart City Award.

Divulging further details, CEO Divyank Singh mentioned that the original five-year term for ISCDL concluded in March of the current year. However, all smart cities, including ISCDL, were granted a one-year extension to finalise pending projects. Divyank Singh clarified that ISCDL still possesses approximately Rs 800 million in funds, earmarked for the completion of ongoing projects by March of the following year.

Presently, ISCDL is overseeing a total of 34 financially pending projects, in addition to 24 projects that are pending in terms of physical implementation. Addressing these projects will necessitate an additional fund of around Rs 500 million, as outlined by the CEO.

Furthermore, operating as a specialised entity (Special Purpose Vehicle or SPV), ISCDL has embarked on a trajectory of offering project management consultancy (PMC). This consultancy extends to the Indore Municipal Corporation (IMC) and other municipalities, facilitating the uptake and successful execution of innovative ideas.

In the midst of uncertainty regarding the possibility of receiving a further extension, the Indore Smart City Development Corporation (ISCDL) has proactively identified key areas for focused efforts over the next year. These efforts aim to provide consultancy services, thereby contributing to the retention of their status as winners of the National Smart City Award.Senior officials from ISCDL have shared that the central government had established the smart city corporation in various selected cities, including Indore. Each city was allocated a budget of Rs 10 billion for a period of five years, up until March 2023. The purpose of this allocation was to foster innovative ideas and initiatives for the development of these cities. Indore, having been recognised as the joint winner alongside Surat in the previous year, achieved distinction in the National Smart City Award by securing first and second positions across six out of a total of twelve categories in the competition.The India Smart Cities Award Contest (ISAC 2022) is scheduled for September 27, spanning two days. During this event, ISCDL and the other winning cities will be honored with awards presented by the President of India, Draupadi Murmu.Meanwhile, ISCDL has proactively identified key areas in which it plans to take innovative initiatives. This strategic approach is geared towards achieving the highest scores possible in relevant categories for the upcoming year's contest. The goal is to uphold and sustain their position as recipients of the National Smart City Award.Divulging further details, CEO Divyank Singh mentioned that the original five-year term for ISCDL concluded in March of the current year. However, all smart cities, including ISCDL, were granted a one-year extension to finalise pending projects. Divyank Singh clarified that ISCDL still possesses approximately Rs 800 million in funds, earmarked for the completion of ongoing projects by March of the following year.Presently, ISCDL is overseeing a total of 34 financially pending projects, in addition to 24 projects that are pending in terms of physical implementation. Addressing these projects will necessitate an additional fund of around Rs 500 million, as outlined by the CEO.Furthermore, operating as a specialised entity (Special Purpose Vehicle or SPV), ISCDL has embarked on a trajectory of offering project management consultancy (PMC). This consultancy extends to the Indore Municipal Corporation (IMC) and other municipalities, facilitating the uptake and successful execution of innovative ideas.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement