Author: admin

Categories
Area Updates

China giant explores Greater Noida venture

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.

Categories
Area Updates

Yamuna Expressway Metro-Plans get better & bigger

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.

Categories
Area Updates

Indo-Taiwan consortium wins Greater Noida Metro in fast lane

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.
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.

 

Categories
Le Solitaire Testimonials

Mr G C Katiyar ,Executive Director ONGC

Categories
Le Solitaire Testimonials

Mr Gyan P Joshi ,IAS

Mr G P Joshi is a former IAS now on board of several corporations and member of our society

Categories
Le Solitaire Testimonials

Mr R M Prasad ,President

Mr R M Prasad of Coal India ,is President of Society and Head of Civil Department ,Bharat Coking Coal Ltd Dhanbad.

Categories
Area Updates Le Solitaire

Jewar Airport Soon;gets important approval of Defence Ministry

IMG-20160723-WA0021

Categories
Area Updates Le Solitaire

KPMG report on Yamuna Expressway

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.

Categories
Area Updates Le Solitaire

Patanjali coming with University & Manufacturing on Yamuna Expressway

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.

Bookmark or read stories offline – Download the TOI app

Categories
Area Updates Le Solitaire

Eastern peripheral expressway ,this will meet Yamuna Expressway v near our site

The project had hit several roadblocks in the past, especially from farmers in the area, who were refusing to part with their lands.

| TNN | May 18, 2016, 06.32 AM IST

Greater Noida: The eastern peripheral expressway (EPE) project is poised to take off on Wednesday, more than a year-and-a-half after the Supreme Court rapped the National Highways Authority of India (NHAI) and directed it to expedite its execution.

The project had hit several roadblocks in the past, especially from farmers in the area, who were refusing to part with their lands. However, on directions from the Supreme Court, farmers will now receive an enhanced compensation of Rs 3,500 per square metre as against Rs 850 per square metre.

According to Gautam Budh Nagar district magistrate N P Singh, orders have been issued to additional DM (ADM) of land and relevant departments about the decision. “Following a representation by farmers to the arbitration committee seeking enhancement and after several rounds of talks with the agitating farmers, the compensation has been revised,” Singh told TOI. “Work by contractors appointed by the NHAI is expected to start from Wednesday, May 18,” he said.

“I have also given directions to my officials for distribution of the enhanced compensation once the formalities are completed with the NHAI. This should take about a week after which we will hold camps and start distribution without delay,” Singh said.

Farmers from 39 villages across Greater Noida have been protesting against the construction work since August 2015 when the contract for the project was awarded .

The have been demanding hiked compensation in lieu of their acquired land and at par with that given in other villages abutting land for the EPE.

Following their agitation, the NHAI had also earlier moved the apex court with an interlocutory application seeking “police protection from unwarranted obstruction from miscreants and vested interests,” who were obstructing construction of the expressway.According to the Greater Noida Industrial Development Authority (GNIDA), the said land has been directly purchased by the NHAI. “GNIDA will not be responsible for handing out the enhanced compensation as the land has been bought directly from farmers by NHAI,” a GNIDA official said. “The NHAI will direct the DM, who will now distribute the hiked compensation to the farmers,” he said.

In Greater Noida, the EPE will connect near the Yamuna Expressway and near the integrated township of the Delhi-Mumbai Industrial Corridor while on NH-91 (Grand Trunk road) it will connect near Beel Akbarpur. Noida, Greater Noida, Dadri, GT Road, Ghaziabad, Dholana and Hapur will be decongested once the expressway is in place. Expected vehicular movement on the expressway is about one lakh per day by 2021.