MUMBAI: Schneider Electric India, in partnership with IL&FS, has bagged a contract from Naya Raipur Development Authority to develop the first greenfield integrated smart city in the capital of Chhattisgarh.
India plans to develop 100 smart cities which will use smart and intelligent technology solutions that will lead to better connectivity and efficiency in energy, building, transport, healthcare, infrastructure, governance, education and citizen services.
“We will be developing the smart city along with IL&FS, with special focus on efficiency and smart solutions for infrastructure of Naya Raipur. The project will have three key elements – physical, social, and economic infrastructure,” Prakash Chandraker, managing director of Schneider Electric Infrastructure, told ET.
The two companies will develop and run the project for five years. The project entails setting up hardware for sensors for data collection, setting up operating technology for controlling information and enterprise control for the development authority to monitor and control the smart city.
Larsen & Toubro and BSNL were among the other bidders for this project. “The partnership with IL&FS helps us leverage their strength in infrastructure and our strength in electric and smart solutions,” Chandraker said.
India plans to build 100 smart cities over the next five years, entailing an investment of more than Rs 1 lakh crore. Indian and multinational companies are eyeing the government backed initiative given the huge investment potential in the sector.
View all SMART GRID Bulletins click here
Enter your email-id to subscribe to theSMARTGRID Bulletins