Thiruvananthapuram, Sep 24 (PTI) Kerala has completed the tender process for infrastructure development at the Palakkad Smart City, the first node of the Kochi-Bengaluru Industrial Corridor.

The construction contract is awarded to a joint venture between Dileep Buildcon Limited (DBL) and PSP Projects Limited, a CMO statement said here.

With this, Kerala has become the first state to complete the procedures for infrastructure development among the 12 industrial corridor-smart city projects sanctioned in the country last year, it said.

The contract, valued at Rs 1,316.13 crore (including GST), was signed after a competitive national tender process in which four companies participated, a KINFRA (Kerala Industrial Infrastructure Development Corporation) statement said.

The EPC (Engineering

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