Featured Activity
Guardian Sustainable Business Quarterly
The next GSBQ event will be held at 5.45 pm on September 14th at the America Square ...
View Activity DetailFeatured activities
- Urban Cool: Making Great Cities Better - New York, USA, 14 September
- Transport and climate change: 10:10&Sustrans ask 'Can local solutions help solve national problems?'
- Australialive 2010 - NSW Information & Communications Technology Roundtable
- BSI 3rd Annual Conference & Workshop: Energy Management
- New South Wales Green Buildings Project
- Climate Funds Update
India rolls out Smart Cities - Maximum Recycling, Optimised Energy & Efficient Public Transport
India rolls out Smart Cities - Maximum Recycling, Optimised Energy & Efficient Public Transport
11:00 a.m. (BST) / 6:00 a.m. (EDT)
6th July 2010
Smarter Cities working group
Amitabh Kant, chief executive and managing director of Delhi Mumbai Industrial Corridor Development Corp.
Japanese corporations such as Hitachi, Mitsubishi, JGC Corp and Toshiba, will design and build these eco-friendly towns along the Delhi Mumbai Industrial Corridor (DMIC) with an initial investment of $400 million dollars.
Amitabh Kant, chief executive and managing director of Delhi Mumbai Industrial Corridor Development Corp. Ltd (DMICDC) will discuss the conception, strategy and vision of what is to be one of the biggest urban development projects globally. He will also give tips on creating beneficial Public Private Partners (PPPs).
In the DMIC about 80 per cent will be PPP projects, 20 per cent will be trunk infrastructure, which will require long term institutional bonds. The cost of the mega infrastructure project covering 1483 km across six states is estimated at $130 billion dollar. Six gas fired power projects of 1,000 MW capacity each will also be built as part of the project.
The first phase of the project covering three regions in Gujarat, Haryana and Maharashtra will be completed by 2016. DMIDC hopes to attract 20 lakh people to each of these regions.