BW_SMART_CITIES_September_October_2016

(Ron) #1
ywhere in the world. This is a huge
opportunity for the private players
to participate in the mission. Apart
from the infrastructure, the Smart
Cities Mission requires assistance
of experts in various fields such as
consultation, development, opera-
tion, financing and management”.
The main sectors where private
partnership is required are physi-
cal infrastructure, affordable
housing schemes, 24x7 water sup-
ply projects, sewage treatment
plants, transport projects, smart
street lighting, roof top mounted
solar panelling, solid waste man-
agement, waste water recycling
projects and the creation of smart

The government, therefore, has
encouraged the private players not
only to mobilize capital, but also
to participate in technological,
know-how, delivery of services to
the citizen and managing many


city based projects.
According to Prakash Chan-
draker, Infrastructure VP and MD
Schneider Electric, “the sheer size
and scale of the initiative is un-
precedented and unparalleled an-

Indian cities require investment


of Rs.35,000 crore per year till


2022 for creating supporting


infrastructure to sustain them

Free download pdf