SPV notified for Shimla Smart City project : The Tribune India

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SPV notified for Shimla Smart City project

SHIMLA: The government today notified a Special Purpose Vehicle (SPV) named as Shimla Smart City Limited for implementing smart city proposal under the Smart Cities Mission of Urban Development.



Tribune News Service

Shimla, August 17

The government today notified a Special Purpose Vehicle (SPV) named as Shimla Smart City Limited for implementing smart city proposal under the Smart Cities Mission of Urban Development.

Divisional Commissioner, Shimla, will be the chairman, while the Mayor, Director, Urban Development, DC, Commissioner, Municipal Corporation, two independent Directors, Chief Engineers of the PWD and IPH, Under Secretary, Ministry of Urban Development, as nominee, one part-time Director from the Finance Ddepartment, one part-time Director from Urban Development Department and Managing Director-cum-Chief Executive Officer will be the members of Board of Directors.

The City Advisory Forum to the SPV will also include MP, MLA concerned, presidents of the Beopar Mandals, travel agencies, street vendors associations, resident welfare associations, taxi unions besides officers of different departments, boards and corporations.

A spokesman of the state government said here today that the SPV would approve the projects, including their technical appraisal and execute the Smart City proposal with complete operational freedom.

It will mobilize resources within time limits and take measures necessary for mobilization of resources, also ensure timely completion of projects according to set time lines.

The SPV will undertake review of activities of the mission including budget implementation of projects, monitor quality control related matters, incorporate joint ventures and subsidiaries. It will determine and collect user charges as authorised by MC Shimla.

The BoDs may co-opt representatives of any department which are involved in planning or execution of various projects under Smart City project, he added.

Key functions

  • SPV will approve the projects, including their technical appraisal
  • Execute the Smart City proposal with complete operational freedom 
  • Mobilize resources within time limits
  • Ensure timely completion of projects according to set time lines
  • Undertake review of activities of the mission

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