YEIDA to launch data park plot scheme soon

NOIDA: The Yamuna Expressway Authority’s board on Friday adopted the UP Data Centre Policy and decided to launch the data park plot scheme soon.
The board also gave its permission to launch the second phase of Medical Device Park having 99 plots of 1,000 sqm and 2,100 sqm. The plots will be allotted to three medical segments — cancer care, radiotherapy, radiology and imaging medical devices (59 plots), implants (20 plots) and in-vitro diagnostics (20 plots).
YEIDA board chairman Arvind Kumar, said, “Altogether 25 agenda items were discussed in the board meeting. UP is emerging as a big hub of data centres. While the country’s IT capacity is 700 MW, we have already received proposals for setting up data centres of an equivalent capacity. In YEIDA, 100 acres of land have been identified and some companies have already shown their interest here. The scheme will be launched soon.”
“In the Medical Device Park scheme, which is again a focussed sector of the UP government, the board has given its approval to launch its second phase of land allotment. This time around, companies dealing in-vitro diagnostics will be given the chance to set up manufacturing units here,” he added.
The board was also informed that the Authority has received an investment of Rs 16,678.08 crore in the last five years, against which 2,80,018 jobs will be created.
In this financial year, YEIDA received Rs 127.43 crore for allotting a total of 112 industrial plots on 2,63,895 square metres of land. About 20,000 new jobs will be created through these new industrial units, officials said.
With the Covid pandemic over, the board also decided to prepone the deadline by two months, from March 31, 2023, to January 31, 2023, to execute the lease deeds free of cost to allottees of various schemes and property categories.
Yamuna Expressway Entrepreneurs Association has, however, objected to this decision. “YEIDA should immediately withdraw this reduction of time for getting lease deeds executed without any penalty and release revised letters, after considering the zero period benefits, so that allottees can deposit their dues and proceed for getting the lease deeds executed,” Rishabh Nigam, president of the Association, said.
Moreover, keeping the requirement of the additional power load due to upcoming data centre park and Medical Device Park projects, the board gave its approval of providing eight hectares of integrated land in Sector 28 free of cost for the construction of two power substations.