SPV to set for Smart City Project
A Special Purpose Vehicle (SPV) will be set up soon by the government to facilitate Thane become a Smart City, Thane Municipal Commissioner Sanjeev Jaiswal said.
“Initial preparations for the Smart City project is almost over and the next step towards its implementation is the creation of SPV. Work on the project is on the fast track,” Jaiswal said.
Thane has proposed a Rs 6,630 crore plan under Smart City and AMRUT missions. Of this, the civic body has funded Rs 4,375 crore.