The project, spread across 4,000 acres and envisioned as a city, will incorporate IBM's smarter city technology using advanced data driven systems to integrate information from all operations in Palava into a single system.
"IBM will integrate services in areas such as energy, water, transportation, public safety and smart cards with a central command and control center. We will also support a central hub to monitor and enable coordination among Palava city and agencies involved in public safety and emergency management," IBM India (South Asia) Director of smart planet solutions Dhamodaran Ramakrishnan told reporters here.
"Palava will not just offer a quality of life to its citizens but also become an ecosystem for nurturing business, creating jobs and delivering growth. IBM's smart city technology will help us ensure safety, efficiency and governance with participation from citizens," Palava Development Director Shaishav Dharia said.
The first phase of the project, where it will build 19,000 homes, will be completed by 2015-end.
"We will require to spend another Rs 14,000 crore by 2025 when the entire project is expected to be completed. We will also need an incremental investment of Rs 400 crore for the next 10 years for making Palava a smart city," he added.
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
