Essel Group envisions developing smart cities in Madhya Pradesh.
The group will develop about five projects in Madhya Pradesh, with a total investment of Rs 7,500 crore. It has identified cities such as Ujjain, Gwalior, Jabalpur, Sagar, and Dewas.
The development of smart cities will be done by undertaking projects in power and water distribution services, municipal solid waste management, sewage treatment, drainage and storm water management.
Essel Group expects smart city projects to provide employment to over 20,000 people. This announcement was made on the concluding day of the ‘Invest Madhya Pradesh Global Investors Summit- 2014’ at Indore. It has already invested Rs 5,000 crore for developing projects in infra and utility. Further, it plans to evaluate projects worth Rs 50,000 crore of a similar nature in the future.
More Project Info:
Smart Cities (Madhya Pradesh) Project