Smart City Kochi (cochin), Kerala, India - News

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Friday, April 9, 2010

Claims made by TECOM not in contract: Minister S. Sharma

Giving a clear pointer to the government's action plan on Smart City S Sharma, chairman of the project termed the reply filed by TECOM as breach of contract. Speaking to the media, the minister clarified that the claims made by TECOM in the letter are not there in the initial contract. He added that the cabinet would decide on the future course of action.

The gap between the government and TECOM has widened following the statement by the minister. TECOM had on the reply filed reiterated their demand for freehold of land, which they claimed was there on the initial contract.

Both the CM and the minister had earlier made the action plan clear by stating that the government may be forced to think of alternative arrangements if TECOM fails to live up to the expected level.

Via

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Thursday, April 8, 2010

Kochi Smartcity: Tecom answered to Kerala Govt.

Tecom, the promoters of Smartcity Kochi project, has asked the govt to stick to the framework agreement and the freehold rights. They also reiterated that the company is keen to go ahead with the project, the agreement for which was signed on May 13, 2007 with the Kerala govt. The letter was in reply to the state government's letter. The State Government had earlier asked Tecom whether it had any intention to go ahead with the project in Kochi.

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