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Nl smart city oct 10 - oct 16, 2015


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Gyan research weekly newsletter on #smart city news in India

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Nl smart city oct 10 - oct 16, 2015

  1. 1. © Gyan Research and Analytics Pvt. Ltd., 2015 1 Industry News  Online portal for Smart City suggestions There is little clarity on the implementation of smart city initiatives. Therefore, corporations have gone online to gather public opinion on the Smart City project. Corporation websites and official Facebook pages carry the link to the polls. Some of the smart visions include housing for all, pollution free environment, efficient mobility, water access, among others. The Union Government has announced that several Smart City initiatives cannot be taken up as pan-city solutions. For instance, cities have to choose between water supply and sanitation.  Integrated transport for Smart Mumbai city To convert Mumbai into a Smart City and an international financial hub public, transport systems need to be integrated. Although one crore people use public transport, private vehicles on road have increased by 10 percent in the last 10 years, due to the lack of facilities. To create a metro network of 108 km by 2019, the state government has got the Centre’s approval for the Mumbai Urban Transport Project (MUTP) Phase 3 that will increase the suburban railway network. The metros, monorails, railways, coastal road and bus transport will all be integrated so that commutation in the Mumbai Metropolitan Region will be hassle-free and can be done in one hour between two points. Also a single- ticket system would be introduced. The estimated cost of the 16.5 km Andheri East-Dahisar East elevated Metro corridor is INR 6,208 crore and the 18.6 km Dahisar-DN Nagar corridor is INR 6,410 crore. Both the projects are expected to start in March 2016 and will be completed by March 2019.  Nashik citizens on green drive Citizens of Nashik believe that even though rapid urbanisation has increased pollution, the city can strike a balance between environment and development to fulfill one of the criteria for the Smart City tag. After public interest litigation, the city administration is taking several steps to clean up the Godavari for the Khumbh Mela, which is major tourist attraction in Nashik. Apart from planting more trees, green building standards to reduce electricity use and e-autos to maintain environmental balance has been suggested by citizens. Investment News  PMC appoints finance MNC to handle accounts The Pune Municipal Corporation (PMC) plans to hire a multinational financial consultancy firm to take care of its accounting work for a monthly fee of INR 40,000. Frequent changes and updations in tax laws make it difficult for the accounts department to carry out its work, leading to errors. Using modern technology and software, the firm will help PMC in filing error-free tax proposals, in updating the civic administration on the changes in tax policies, in timely tax returns and in creating better accounting database. It will also support in the financial analysis of projects like Smart City. The PMC is the first civic administration to appoint a corporate accounting firm for help. Smart City News October 10, 2015 – October 16, 2015
  2. 2. © Gyan Research and Analytics Pvt. Ltd., 2015 2  French support for Chandigarh Smart City A high level French delegation has proposed cooperation between India and France to convert Chandigarh into a Smart City. The focused areas of collaboration include urban development, renewable energy, urban security, smart cities and urban transport. The French will assist the city to achieve 24X7 water supply and optimal distribution of tertiary water by reducing non-revenue and unaccounted water in Chandigarh. It will help to introduce newer technologies for improved sewage processing and treatment facilities, apart from scientific management of solid waste disposal to prevent ill-effects on the environment. Intelligent public transportation systems were explored, including the possibilities of alternative sustainable public transportation system such as ropeways and integrated city tram system. Smart surveillance solutions like CCTVs with face detection and number plate reading for better traffic management was also discussed.  Essel Group, FICCI support Smart Cities Mission Essel Group has signed a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce and Industry (FICCI) to support the latter’s National Mission on Smart Cities. Essel will help in generating ideas for policy advocacy and promotion of smart city concepts by providing knowledge, talent and domain expertise through its technology and infrastructure solution partners. It will conduct feasibility studies to evaluate potential target cities in terms of opportunities in energy management, mobility solutions and building management systems. Its objective is to provide eco- friendly infrastructure solutions that are innovative and sustainable. The Essel Group is India’s only integrated smart city developer with proven expertise in creating a single window utility corridor. Over the next three years, the Group will invest USD 2 billion in transforming major cities across the country.  France outlays 2 billion euro for Smart City projects The French government will provide assistance of 2 billion euro for Smart City development projects in Puducherry, Nagpur and Chandigarh. The French Development Agency (FDA) will jointly work with the state administrations to develop smart cities. The FDA will provide technological support in the areas of water, sanitation, transport and waste management. The agency will also support in energy efficiency, solar energy, heritage preservation, communication and technology, security and city lighting projects. Smart City News October 10, 2015 – October 16, 2015
  3. 3. © Gyan Research and Analytics Pvt. Ltd., 2015 3 Smart City News October 10, 2015 – October 16, 2015 Weekly Snapshot Source: Various Public Sources
  4. 4. © Gyan Research and Analytics Pvt. Ltd., 2015 4 Smart City News, October 10, 2015 – October 16, 2015 Market Entry Strategies Market/ Marketing Research Pre-Feasibility, Feasibility & TEV Studies Equity Research & Valuation Economic Intelligence Our Business Practices Business Research Central Delivery Centre BD-9, Sector-1, Salt Lake City Kolkata - 700 064, India Phone: +91-33- 40060084 Corporate Office LG 37-38, Ansal Fortune Arcade, Sector - 18, Noida - 201 301 Delhi NCR, India Phone: +91-120- 2511945 E-mail: Website: Branch Office - Mumbai Branch Office - Bangalore Branch Office - Hyderabad