UP to develop 4 data centre parks under Data Center Policy 2021
Technology

UP to develop 4 data centre parks under Data Center Policy 2021

The Uttar Pradesh government on Tuesday sanctioned proposals to develop four data centre parks under its Data Center Policy 2021 with an over Rs 15,950 crore investment.

An official statement said these would employ approximately 4,000 people directly or indirectly.

The state cabinet also sanctioned non-financial incentives to NIDP Developers Private Limited and financial and non-financial incentives to three other investors — NTT Global Data Centres, Adani Enterprises, and Cloud Infrastructure India.

Under the data centre policy, parks and units are provided stamp duty exemption, capital subsidy, interest subvention, on purchase or lease of land, and different other non-financial incentives apart from energy-related financial incentives.

In another significant decision, the state cabinet sanctioned the proposal to set up a repair, maintenance, and overhaul hub for aircraft at the upcoming Jewar airport.

PWD minister Jitin Prasada said that there was a pressing requirement for Maintenance, Repair, and Overhaul (MRO) hubs in the state to provide for the ongoing development and expansion in the civil aviation segment.

Maintenance, repair, and overhaul of aircraft utilised for operations in the civil aviation sector is an ongoing and time-bound process. Currently, due to the absence of MRO installation in India, aircraft are sent for repair to places like Dubai, and Singapore, where repairs are expensive and time-consuming, Prasada said.

Stating that there are huge possibilities of setting up MRO hubs in Uttar Pradesh, he said that about one thousand new aircraft are likely to be purchased in the country by 2026.

The state will not only earn income but would also be able to deliver a large number of employment opportunities with this policy, he said, adding that it will also pave the way for the development of Micro, Small, and Medium Enterprises (MSMEs) in UP. It will have a positive impact on the gross domestic product (GDP) of the country and the state apart from saving time and foreign exchange.

Image Source

Also read: NTT launches hyperscale data centres in Navi Mumbai

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The Uttar Pradesh government on Tuesday sanctioned proposals to develop four data centre parks under its Data Center Policy 2021 with an over Rs 15,950 crore investment. An official statement said these would employ approximately 4,000 people directly or indirectly. The state cabinet also sanctioned non-financial incentives to NIDP Developers Private Limited and financial and non-financial incentives to three other investors — NTT Global Data Centres, Adani Enterprises, and Cloud Infrastructure India. Under the data centre policy, parks and units are provided stamp duty exemption, capital subsidy, interest subvention, on purchase or lease of land, and different other non-financial incentives apart from energy-related financial incentives. In another significant decision, the state cabinet sanctioned the proposal to set up a repair, maintenance, and overhaul hub for aircraft at the upcoming Jewar airport. PWD minister Jitin Prasada said that there was a pressing requirement for Maintenance, Repair, and Overhaul (MRO) hubs in the state to provide for the ongoing development and expansion in the civil aviation segment. Maintenance, repair, and overhaul of aircraft utilised for operations in the civil aviation sector is an ongoing and time-bound process. Currently, due to the absence of MRO installation in India, aircraft are sent for repair to places like Dubai, and Singapore, where repairs are expensive and time-consuming, Prasada said. Stating that there are huge possibilities of setting up MRO hubs in Uttar Pradesh, he said that about one thousand new aircraft are likely to be purchased in the country by 2026. The state will not only earn income but would also be able to deliver a large number of employment opportunities with this policy, he said, adding that it will also pave the way for the development of Micro, Small, and Medium Enterprises (MSMEs) in UP. It will have a positive impact on the gross domestic product (GDP) of the country and the state apart from saving time and foreign exchange. Image Source Also read: NTT launches hyperscale data centres in Navi Mumbai

Next Story
Infrastructure Energy

Tata Power-DDL, Nissin Electric to Launch India’s First Micro Substation

Tata Power Delhi Distribution (Tata Power-DDL) and Kyoto-based Nissin Electric have partnered to launch a demonstration project aimed at supplying electricity to remote areas in India using the country’s first micro substation equipped with a Power Voltage Transformer (PVT). This innovative project is part of Japan's Energy Efficiency Technologies initiative, led by the New Energy and Industrial Technology Development Organization (NEDO). The micro substation will directly convert high-voltage power from nearby transmission lines to low-voltage electricity suitable for residential use, elimi..

Next Story
Infrastructure Energy

Maruti Suzuki to Launch First EV with 500 km Range

Maruti Suzuki India is set to launch its first electric vehicle (EV) in January 2025, a mid-size SUV expected to have a range of 500 km per charge. The automaker made this announcement during the annual session of the Society of Indian Automobile Manufacturers (SIAM) in New Delhi. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, revealed that the new EV will be powered by a 60 kilowatt-hour (kWh) battery and will cater to both the Indian market and international markets such as Europe and Japan. The SUV, likely to be called the eVX, is estimated to be priced above ?15 lakh ..

Next Story
Infrastructure Energy

India to Become Export Hub for Lithium-Ion Batteries

Union Minister of Road Transport and Highways, Nitin Gadkari, announced that India will soon be in a position to export lithium-ion batteries globally. Speaking at the 64th annual convention of the Society of Indian Automobile Manufacturers (SIAM) in New Delhi, Gadkari emphasized the rapid progress in lithium-ion battery manufacturing in the country, with major companies like Adani, Tata, Maruti, LG, and Samsung entering the market. "I’m confident that we'll soon export lithium-ion batteries to different parts of the world," Gadkari said. He also highlighted ongoing research in new battery ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000