Tag: Yamuna Expressway Industrial Development Authority

Infrastructure

YEIDA to approve key projects to fast-track growth in Greater Noida and Jewar

LUCKNOW: The Yamuna Expressway Industrial Development Authority (YEIDA) has cleared key proposals aimed at accelerating development and attracting investments in the Greater Noida and Jewar region. At the 85th board meeting held on Wednesday, 54 projects were cleared for implementation over the next 15 years, outlining a comprehensive roadmap for the development of Greater Noida and the entire YEIDA-authorised area. The meeting was chaired by YEIDA chairman Alok Kumar and attended by CEO Dr Arunvir Singh, along with several senior officials and board members. The proposals included crucial decisions related to security, tourism, industrial investment, power supply, rural development, and…

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Uttar Pradesh set to sign fresh lease with third-party developers for 13 Sports City projects

NOIDA: Yamuna Expressway Industrial Development Authority (YEIDA) is set to execute fresh lease deeds with third-party developers of 13 Sports City projects, following an Allahabad High Court decision allowing it to cancel the allotment of 1,000 hectares to Jaiprakash Associates Ltd in March this year. Officials said these 13 projects involved 13,132 buyers across sectors 25 and 19. According to them, executing the fresh deeds had become mandatory following the HC’s decision, which nullified every reference to JAL in previous agreements. Apart from these lease deeds, a new tripartite agreement will be signed between the developers, homebuyers and YEIDA. While…

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YEIDA to hire agency to audit infrastructure projects off Yamuna Expressway

NOIDA: Yamuna Expressway Industrial Development Authority (YEIDA) has decided to hire a third-party agency to monitor and audit the quality of its ongoing and upcoming works. This will ensure high construction standards and error-free execution of its major development projects. Its duties will include setting up testing laboratories, collecting material samples, arranging tests and submitting detailed reports to YEIDA on a daily, weekly or monthly basis. The reports will highlight any defects or quality concerns and the agency will also track whether corrective measures are taken by the project engineers. Last week, YEIDA issued a request for proposal for the…

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PM inaugurates underground section of Kanpur metro

KANPUR: Prime Minister Narendra Modi on Friday inaugurated and laid the foundation stone for 15 mega development projects worth over Rs 47,600 crore in Kanpur. Modi inaugurated the new underground section of the Kanpur metro rail project worth over Rs 2,120 crore from Chunniganj to Kanpur Central. This section includes five new underground stations — Chunniganj, Bada Chauraha, Naveen Market, Nayaganj and Kanpur Central. It will include 14 planned stations with five new underground stations integrating key city landmarks and commercial hubs into the metro network. Additionally, he also inaugurated road widening and strengthening work of GT Road. With this…

Commercial

Three tech majors to set up units on 120 acres, invest ₹4,000 crore off Yamuna expressway

NOIDA: Yamuna Expressway Industrial Development Authority (YEIDA) has issued letters of intent to three companies for setting up manufacturing units near the upcoming Noida International Airport, marking a combined investment of around Rs 4,000 crore. Two of these companies will be allotted land in the upcoming Electronics Manufacturing Cluster (EMC) 2.0 in Sector 10, which spans 206 acres. Ascent-K Circuit will receive 16 acres to manufacture high-end printed circuit boards (PCBs), including HDI, flex, multilayer types, and semiconductor substrates, while Aurionpro ToshiAutomatic Systems, which specialises in industrial automation and smart transit and mobility solutions, will be allotted five acres as…