Noida Authority grants sublease of 10-acre plot to Adani in Sector 80

02 Sep 2024 CW Team

The Noida Authority has approved the sublease of a 10-acre plot in Sector 80 to Noida Data Centre Limited, a special purpose vehicle (SPV) formed by Adani Enterprises Limited (AEL) and EdgeConneX under their joint venture, AdaniConnex.

The decision was made during a board meeting chaired by Uttar Pradesh Chief Secretary Manoj Kumar Singh, who also serves as the chairman of the Noida Authority. This approval clears the way for the establishment of a data centre in Sector 80, a plan that had previously been rejected due to conditions in the original lease deed.

Lokesh M, CEO, Noida Authority, confirmed that the board had discussed and approved the project after deliberations in July 2024. He noted that the land in Sector 80 had already been allotted for this purpose.

After the initial rejection of Adani Enterprises' request to sublease the land, the company appealed to the Uttar Pradesh government. The state?s industrial development department reviewed the case and granted approval based on provisions in the UP Data Centre Policy of 2022. This policy allows sublease permission for data centre projects without levying a transfer fee.

The Adani Group had originally executed a lease deed for the land in 2021 at a cost of Rs 700 million, with the intention of developing a data centre. AdaniConnex, a 50-50 joint venture between Adani Enterprises and global data centre operator EdgeConneX, was established in February 2021 to set up data centres across India.

Despite repeated attempts, the Adani Group could not be reached for comment. (Hindustan Times)

Infrastructure Urban

30 May 2026

LANXESS Tops European Sustainability Index

LANXESS has ranked first in Europe and fifth worldwide in the Chemicals category of the latest Dow Jones Best-in-Class Index. The specialty chemicals company received strong ratings for climate strategy, water, human rights and product stewardship.Matthias Zachert, Chief Executive Officer of LANXESS AG, said the ranking underlines the company’s focus on embedding sustainability into its corporate strategy, including climate protection, responsible resource use and good governance.LANXESS has also improved its sustainability rating from Sustainalytics, moving from the Medium Risk category to ..

SHM Launches 29-Metre Aluminium Passenger Craft

SHM Group has launched Ocean Crewzer 8, a 29-metre high-speed aluminium passenger craft, at its shipyard in Mumbai. Designed and built in-house, the vessel has been developed to meet current marine operational and safety requirements for India’s waterway operations.The vessel has been built entirely with aluminium, a preferred material for fast passenger craft due to its lightweight structure and higher fuel efficiency compared to conventional steel vessels. The launch is part of SHM Group’s ongoing shipbuilding programme, focused on developing vessels for India’s growing maritime needs...

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers Limited has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve safety readiness across India’s built environment. The system was inaugurated by Madhuritai Misal, Minister of State for Urban Development, Government of Maharashtra.The factory-tested solution combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. It delivers a flow rate of 170 m³/hr at a head of 100 m, supporting reliable fire protection with real-time visibility and predictive maintenance.The pre-packaged, plug-and-play ..