Adani Enterprises gets 34,275 sq metre land in Noida for Rs 103.41 cr to build data centre

IANSUpdated: Thursday, July 29, 2021, 05:05 PM IST
article-image
Adani Enterprises will make investments of Rs 2,400 crore within the upcoming facility at Sector 62, Noida which will generate employment for 1,350 persons. |

Noida authority has allotted a land parcel measuring 34,275 sq metre at Rs 103.41 crore to Adani Enterprises for setting up a data centre.

This is part of the Uttar Pradesh government policy for setting up institutional services in Noida in IT and ITES sectors to promote investment and employment.

As per a notification, Adani Enterprises will make investments of Rs 2,400 crore within the upcoming facility at Sector 62, Noida which will generate employment for 1,350 persons.

In addition, the Noida authority has allotted another 16,350 sq metre land parcel in sector 145 to MAQ India Pvt Ltd to for an IT facility. It will net the Noida authority Rs 33.90 crore and the company will invest Rs 250 crore for the development of the project. This will provide employment for 2500 persons.

In these two allotments, Noida authority will get revenues of Rs 137.31 crore, with an investment potential of Rs2,650 crore and employment for 3,850 persons.

The authority had allotted near 2 million sq ft of business land to 13 corporations as a part of technique to spur funding and employment in Uttar Pradesh.

Recently, Noida authority had adopted a policy to arrange knowledge centres close to the upcoming worldwide airport at Jewar cheaper.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Opening Bell: Indices open lower; Sensex down 108 points, Nifty at 17800

Opening Bell: Indices open lower; Sensex down 108 points, Nifty at 17800

Elon Musk describes last 3 months as 'very stressful,' says 'We had to keep Twitter from going...

Elon Musk describes last 3 months as 'very stressful,' says 'We had to keep Twitter from going...

Know Your Rights: How can you avail the benefits of Single Point Registration Scheme (SPRS)?

Know Your Rights: How can you avail the benefits of Single Point Registration Scheme (SPRS)?

‘Sustainability of Pulses Sector' to be the key focus at ‘The Pulses Conclave 2023’ to be held...

‘Sustainability of Pulses Sector' to be the key focus at ‘The Pulses Conclave 2023’ to be held...

Shera Energy IPO opens on February 7

Shera Energy IPO opens on February 7