The Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) on Thursday inked an MoU with the Uttar Pradesh Development Systems Corporation Ltd (UPDESCO), under which it will invest $200 million to develop a 210-acre greenfield electronic manufacturing cluster in Greater Noida.
With land formalities to be completed within the next month and ground work to begin in six months, manufacturing of electronic products could start within the next two years.
“We have made a smart decision in Greater Noida. We will start construction without delay. Our products would include smartphones, semi-conductors, tablets, etc. We believe the Indian talent and manpower will prove to be a strong ingredient for the electronic manufacturing cluster (EMC),” said Francis Tsai, chairman, TEEMA’s India Committee.
“UP has potential for being an electronics manufacturing hub. Our IT policies provide a congenial environment for investors,” said Yasar Shah, minister of state for energy, UP, who presided over the event that was also attended by state chief secretary Alok Ranjan, R K Tiwari, the principal secretary of IT & electronics, and Rama Raman, the chairperson of Noida, Greater Noida and Yamuna authorities.
Apart from Tsai, the 22-member delegation of TEEMA included D J Lee, the executive director of Taipei Economic and Cultural Centre in India and Tim Lin, the managing director of CINDA.
The delegation represented Taiwanese firms such as Mobiletron Electronics Co Ltd, CTCI Corp, CINDA Engineering & Construction Pvt Ltd, Cal-Comp Electronics Communications Company Ltd and Waffer Technology Corp.
According to officials, the EMC will be set up across two plots of land, measuring about 100 acres each. About 10 acres will be reserved for facilities. The Centre had in principle approved the setting up of the EMC on February 04, 2015. A final approval, along with an official application and detailed project report, was handed over on August 3. That followed a government order of November 13, 2014, which approved the establishment of an EMC by UPDESCO as chief promoter of the project through Greater Noida Authority.
“The land has been allotted in Ecotech 6 and 7 in Greater Noida. While the Greater Noida Authority has allotted the land, UPDESCO will develop the land and then hand it over to TEEMA within six months. A special purpose vehicle (SPV) will be created of which Taiwan EMC will be members,” Raman said.
The total land cost for the project is estimated at Rs 277 crore. Some 5% of this cost, which is Rs 13.86 crore, has been collected by the Greater Noida Authority. “In the next phase of development, the EMC is likely to be expanded to about 800-1000 acres. We have already identified land for this,” Raman said.
The chief secretary said, “It will be a win-win situation. The EMC will usher an era of electronic industry in UP. It will bring in huge investments and also create employment for thousands.”
Month: July 2016
GREATER NOIDA: After a Taiwanese consortium and a Dutch telecom company, Chinese commercial and real estate giant Dalian Wanda Group has now expressed interest in investing in Greater Noida, by venturing into lifestyle and commercial real estate.
The company has been exploring opportunities to invest in India since Prime Minister Narendra Modi’s visit to Beijing in May. Its chairman Wang Jianlin met Modi in Delhi earlier this month before visiting Gurgaon to discuss investments that included a mega township. Dalian Wanda is the biggest private property developer in China, apart from being the world’s largest cinema chain operator, with assets worth $86 billion.
On Monday, representatives of the Chinese company met Santosh Yadav, CEO of Yamuna Expressway Industrial Development Authority (YEIDA), and inquired if 500 acres of contiguous land along the expressway could be available. The group, a conglomerate of companies, operates in four major areas — commercial property, luxury hotels, culture and tourism, and department stores.
The Chinese delegation that met Yadav comprised Mathew Abbot, general manager in the acquisitions department for international real estate and senior manager Dillon Wang. Yadav said the officials were on their first visit to Greater Noida and were on a fact-finding tour to explore investment opportunities in Uttar Pradesh.
Yadav informed the delegation about various infrastructure development projects coming up in the area and those open for bidding at present. The visiting delegation has promised to return with specific investment and a consolidated proposal for setting up a mixed land-use township, said Yadav.
An Authority official said that the area adjacent to the Yamuna expressway is attracting interest for large-scale projects with land availability in Noida becoming limited and that it could become a hub for integrated townships and other mixed-land use projects.
Earlier this month, a Taiwanese consortium and a Dutch telecommunications company had shown interest in investing in Greater Noida. The Dutch internet service and telephony provider is scouting for 200 acres of land to set up an IT manufacturing unit in the city’s electronic manufacturing cluster.
The Taiwanese consortium, Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) had met UP chief secretary Alok Ranjan in Lucknow and expressed interest to invest $200 million in the electronic manufacturing cluster.
Metro may go to Jewar, plan to extend Greater Noida Line
GREATER NOIDA: In order to provide connectivity to the rapidly urbanizing area, the Yamuna Expressway Industrial Development Authority (YEIDA) is working on a feasibility plan to put the Metro on track up to Jewar.
The proposed 48- to 50-km Metro track is estimated to come at a cost of Rs 2,000 crore and will be aligned at the road level along the Yamuna Expressway.
According to officials, a proposal to prepare a techno economic feasibility report (TEFR) for the proposed project, which will run between Pari Chowk in Greater Noida and Jewar, will be sent to the Delhi Metro Rail Corporation (DMRC) soon.
“Currently, we are working out the feasibility of the project,” said Santosh Yadav, CEO, YEIDA. “We will also put together the terms of reference to prepare the TEFR, and send it to the DMRC,” Yadav told TOI.
Once the TEFR is in place, the DMRC will also prepare the detailed project report (DPR) for the proposed Metro route, Yadav further said. “Once we have both in place within the next few months, we will take the project ahead,” he said. The proposed line is expected to not only provide a fast link between the two townships of Greater Noida and YEIDA but also bring these places closer to the national capital by boosting connectivity.
According to officials, the proposed Metro route will come at an estimated cost of about Rs 2,000 crore. The cost for putting in place an elevated Metro track is estimated at about Rs 200 crore/km. By the same formula, the YEIDA Metro should cost more than Rs 9,000 crore. However, YEIDA is studying the feasibility and financial viability of running the Metro at the road level along the expressway. This will bring down the cost to almost Rs 40-50 crore/km. The Authority CEO said, “The population in Greater Noida and YEIDA is set to increase considerably. Besides, several new housing schemes are in the pipeline. Considering that thousands of more people will inhabit the area, the Metro link will prove very useful. It will also serve the several proposed residential, industrial and IT units along the expressway”.
In February last year, a 20.6-km Metro rail route between Greater Noida and YEIDA was proposed. The proposed track was expected to run along the Yamuna Expressway between Pari Chowk in Greater Noida and Sector 22 in the YEIDA area.
NOIDA: The financial bid for the 28.8-km Noida-Greater Noida Metro link was finalized on Wednesday by the Delhi Metro Rail Corporation (DMRC).
The tender, which had been divided into three parts, has been awarded to a consortium of Taiwanese and Indian companies working with a Spanish consultant. The joint venture consisting of Continental Engineering Corporation and Ayesa Engineering, will undertake the construction of the track work for about Rs 1,500 crore, about 15% less than the estimated cost of Rs 1,735 crore. Work on the ground for the track is now expected to begin by June 15.
For Greater Noida this will be the first Metro link providing connectivity between the two cities and Delhi. “The route will prove to be a milestone in the future development of not only the twin cities but the entire state of UP,” said Rama Raman, chairperson and CEO, Noida, Greater Noida and Yamuna Expressway Authorities. “The Metro will boost urbanization, generate employment and provide a surge to economic activity,” he said.
According to DMRC officials, the contract with the consortium involves designing and construction of elevated viaduct and 22 elevated stations. The work is to be completed within 24 months. The technical bids for the track were finalized in March this year. Thirty companies had put in their bids for the mega project. The construction of the route has been divided into three parts and ten bids had been received for the each of the three parts. However, the lowest bidder was awarded the contract.
The tender, which had been divided into three parts, has been awarded to a consortium of Taiwanese and Indian companies working with a Spanish consultant. The joint venture consisting of Continental Engineering Corporation and Ayesa Engineering, will undertake the construction of the track work for about Rs 1,500 crore, about 15% less than the estimated cost of Rs 1,735 crore. Work on the ground for the track is now expected to begin by June 15.
For Greater Noida this will be the first Metro link providing connectivity between the two cities and Delhi. “The route will prove to be a milestone in the future development of not only the twin cities but the entire state of UP,” said Rama Raman, chairperson and CEO, Noida, Greater Noida and Yamuna Expressway Authorities. “The Metro will boost urbanization, generate employment and provide a surge to economic activity,” he said.
According to DMRC officials, the contract with the consortium involves designing and construction of elevated viaduct and 22 elevated stations. The work is to be completed within 24 months. The technical bids for the track were finalized in March this year. Thirty companies had put in their bids for the mega project. The construction of the route has been divided into three parts and ten bids had been received for the each of the three parts. However, the lowest bidder was awarded the contract.
According to DMRC, all tenders related to civil works for the track have already been awarded. All other tenders related to electrical work, signalling and telecommunication, commissioning of overhead equipment, modification and shifting of EHT transmission lines infringing the Noida-Greater Noida corridor at various locations, will soon be finalized.
By June 15 all tenders will be cleared even as civil work should start in the next fortnight, officials said. With the Metro link on track, work on the route, which is estimated to cost Rs 5,526 crore, is expected to be completed by December 2017.
With the financial bids finalized, the Noida Metro Rail Company (NMRC) also held a review meeting of the sanctioned route on Wednesday. Convened by Raman, the meeting undertook an assessment of the route with different departments and officials of the Noida and Greater Noida Authorities in attendance.
Issues related to transfer of land falling in the route alignment, shifting and relocating trees, providing recycled water supply at the depot and stabling yard, realignment of electrical supply lines and provisions for traffic diversions once the Metro pillars are put in place and providing for last-mile connectivity, were discussed.
Raman directed officials to clear all roadblocks still in the way of the track, without delay.
DMRC officials further said that they have proposed to make large-scale utilization of solar energy along the track. The stations along the route will be green and environment friendly. The depot will also be equipped with solar panels, said officials.
NMRC has already approved the design of the Metro coaches and stations. The Noida-Greater Noida Metro will also support Platform Screen Door technology. This ‘cutting-edge’ safety feature consists of transparent doors that separate rail tracks from platforms. Train doors and platform doors are aligned and open simultaneously after the train has stopped preventing accidents. The Metro will also be equipped with an Automated Fare Collection system, officials said.
By June 15 all tenders will be cleared even as civil work should start in the next fortnight, officials said. With the Metro link on track, work on the route, which is estimated to cost Rs 5,526 crore, is expected to be completed by December 2017.
With the financial bids finalized, the Noida Metro Rail Company (NMRC) also held a review meeting of the sanctioned route on Wednesday. Convened by Raman, the meeting undertook an assessment of the route with different departments and officials of the Noida and Greater Noida Authorities in attendance.
Issues related to transfer of land falling in the route alignment, shifting and relocating trees, providing recycled water supply at the depot and stabling yard, realignment of electrical supply lines and provisions for traffic diversions once the Metro pillars are put in place and providing for last-mile connectivity, were discussed.
Raman directed officials to clear all roadblocks still in the way of the track, without delay.
DMRC officials further said that they have proposed to make large-scale utilization of solar energy along the track. The stations along the route will be green and environment friendly. The depot will also be equipped with solar panels, said officials.
NMRC has already approved the design of the Metro coaches and stations. The Noida-Greater Noida Metro will also support Platform Screen Door technology. This ‘cutting-edge’ safety feature consists of transparent doors that separate rail tracks from platforms. Train doors and platform doors are aligned and open simultaneously after the train has stopped preventing accidents. The Metro will also be equipped with an Automated Fare Collection system, officials said.
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Mr R M Prasad of Coal India ,is President of Society and Head of Civil Department ,Bharat Coking Coal Ltd Dhanbad.
Delhi Metro, Yamuna-expressway among 6 infrastructure projects in KPMG world markets report
NEW DELHI: Delhi Metro, Yamuna-expressway and Tata Power’s Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world’s most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
The other three projects in the KPMG’s Infrastructure 100: World Markets report are Gujarat International Finance Tec-City (GIFT), Interceptor Sewage System and Narmada Canal Solar project.
These projects were evaluated on the basis of their scale, feasibility, complexity, innovation and impact on society, KPMG said.
“Each country has its own approach to developing and funding infrastructure, yet all share the universal challenge of creating the right conditions to attract investment so desperately needed,” James Stewart, KPMG’s Chairman of Global Infrastructure said.
Opened in 2012, the 165-kilometer, six-lane Yamuna Expressway is India’s longest motorway, connecting the capital New Delhi with Agra and creating a corridor for economic growth, the report said.
By dramatically reducing the travel time between these two historic cities, the $1.9 billion project will have a lasting impact on villagers, tourists, traders and working professionals and should expand trade.
The expressway also has symbolic value by showcasing the country’s ability to develop world-class infrastructure.
Ten years after its first line opened, the $2.3 billion Delhi Metro continues to expand, setting a shining example of how to carry out an effective public works programme.
Taking heed of the problems experienced by the Kolkata Metro – which was badly delayed and 12 times over budget – the development team utilised innovative procurement and strong project and contract management techniques, it said.
The $4.4 billion Mundra Ultra Mega Power Project is a major, coal-fired thermal power plant serving the states of Gujarat, Rajasthan, Maharashtra, Haryana and Punjab.
A 25-year concession has led what is a landmark PPP for the Indian energy sector, the report said.
Patanjali to set up unit near e-way
Yoga guru Baba Ramdev’s Patanjali Ayurved is likely to set up a manufacturing facility in the Yamuna Expressway Industrial Development Authority (YEIDA) area in Gautam Budh Nagar district.
TNN | May 31, 2016, 01.23 AM IST
Greater Noida: Yoga guru Baba Ramdev’s Patanjali Ayurved is likely to set up a manufacturing facility in the Yamuna Expressway Industrial Development Authority (YEIDA) area in Gautam Budh Nagar district.
The factory — which will cater to the growing demand for its FMCG products in the northern India market — is also likely to come up alongside a proposed Ayurveda University, Medicity and Yogpeeth complete with a naturopathy treatment & research centre along the banks of the Yamuna. All this will be set up in nearly 700-800 acres of land at a cost of over Rs 1,000 crore.
Baba Ramdev’s key aide, Acharya Balkrishna, met YEIDA officials on Monday and held an initial round of talks, besides inspecting land for the proposed project along the Yamuna expressway after handing over a formal proposal to Arunvir Singh, chief executive officer (CEO), YEIDA.
Speaking to TOI, Acharya Balkrishna said that after the one in Haridwar, which was set up about 10 years ago and is spread across 150 acres, this could be the largest project set up by Patanjali. “We are exploring the possibility of setting up three processing units across 350 acres,” said Balkrishna.
“We are also likely to add an Ayurved Mahavidyala across 50 acres, an Acharykulam, a school based on Vedic-cum-modern education across 60 acres, a Patanjali gramudyog in 30 acres, a Divya pharmacy across 50 acres and a Yoga, Naturopathy & Panchkarma centre across 400 acres,” he told TOI. “We have seen the land located in the YEIDA area. It is contiguous and suits our purpose. I will now work out the details of the project in consultation with Baba Ramdev. It will be launched in a time-bound manner and could be in place within the year,” he said.
Meanwhile, Arunvir Singh, CEO, YEIDA, told TOI that land required for the proposed project has been identified in sectors 22E, 24 and 24A of YEIDA. This land is located along the 165-km Yamuna expressway, which connects Greater Noida to Agra.
“Most of the land has already been acquired by YEIDA. Only some bit of agricultural land, which is required, will have to be purchased from the farmers,” Singh said. “After discussions with Acharya Balkrishna, we will now work on the modalities of providing road network for transportation required by vehicles for the processing units. We have also been asked to provide ‘green’ land adjoining the Yamuna river bank for setting up the Yoga, Naturopathy & Panchkarma center,” he said. “Once we receive a formal application, land will be allotted within 15 days,” he said.
YEIDA officials further said that the area adjacent to the Yamuna expressway is attracting interest for large-scale projects and it has become a hub for integrated townships and other mixed-land use projects. Two Electronic Manufacturing Clusters have already been approved by the state government in the area, officials said.
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