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 Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..