The Agartala Smart City Project would be completed by December 2020, a top official of the state Urban Development department said Tuesday.
Urban Development department secretary Kiran Dinkarrao Gitte said 40 projects are currently under execution in the Agartala municipal area with financial involvement of Rs 357 crores.
Five other projects with a cumulative fund involvement of Rs 207 crores are now under tender process.
He said of the Rs 2,000 crore fund sanctioned for Agartala Smart City project, the state and central governments would bear Rs 500 crore each.
The rest would be sourced from private sector including soft loans from Asia Development Bank (ADB).
Agartala, the capital of Tripura has a population of 5.25 lakh people and was selected in the list of 100 smart cities of the country in 2015.
Agartala Smart City Mission, which was sanctioned in 2015, saw actual implementation only in 2018, he said.
Smart City Mission Director Milind Ramteke said urban development initiatives of Agartala city would be extended to other urban areas of the state in a phased manner.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
