Pune Smart City Development Corporation Ltd. (PSCDCL)
As per the Govt. Resolution, the composition of the Special Purpose Vehicle for Pune Municipal Corporation has been approved. “Pune Smart City Development Corporation Limited (PSCDCL)” was formed on 23rd March 2016 as a Special Purpose Vehicle (SPV) under Smart City Mission for implementation of Smart City Projects in Pune.
PSCDCL is envisaged to be a thin SPV with procurement from the market for all key positions including Heads of Departments. There is a governing board to manage affairs of the SPV, and is supported by various committees and the Chief Executive Officer (also an Executive Director on the Board).