UP Cabinet Approves Revamp of 49 Bus Stations And Industrial Push
ECONOMY & POLICY

UP Cabinet Approves Revamp of 49 Bus Stations And Industrial Push

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved the redevelopment of 49 bus stations under a public-private partnership and adopted industrial measures to boost investment, officials said. The transport revamp will be carried out in a second phase on a design, build, finance, operate, and transfer model and is expected to attract Rs 40 billion (Rs 40 bn) with no direct financial burden.

The government aims to transform the bus stations into airport-like hubs with modern passenger amenities such as improved waiting areas, sanitation and VIP lounges, with officials noting that about 55 per cent of the area will be reserved for public use and the remainder for commercial activities. The revised policy reduces technical eligibility requirements and extends timelines to ease investor participation.

The lease period has been fixed at either 35 or 90 years, after which ownership will revert to UPSRTC, and the second phase expands coverage to 52 districts with remaining districts to be included later, officials added. The Cabinet cleared proposals under the Uttar Pradesh Industrial Investment and Employment Promotion Policy 2022 on the recommendation of the High-Level Empowered Committee.

Approvals included letters of comfort, capital subsidies and project modifications for industrial units, with support for OFC Tech Pvt Ltd amounting to Rs 5.89 bn in SGST reimbursement and for AJJ Cane Industries at Rs 11.28 bn, and capital subsidy approvals for India Glycols Ltd, Viscose International and Integrated Batteries India Pvt Ltd. A Rs 160 bn Avaada Electro project in Gautam Buddh Nagar received modifications to aid implementation.

The Cabinet approved green energy investments in solar cell and module manufacturing to develop the Yamuna Expressway and Greater Noida regions, and cleared a bid document for procurement of 2.5 million (2.5 mn) tablets with a budget of Rs 20 bn for 2026-27. Land ownership rights were granted to families displaced at Partition and 99 families will be rehabilitated in Kanpur Dehat at a nominal lease rent of Rs one. Ministers said 22 proposals were cleared and a Forestry and Horticulture University in Gorakhpur was approved.

The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, approved the redevelopment of 49 bus stations under a public-private partnership and adopted industrial measures to boost investment, officials said. The transport revamp will be carried out in a second phase on a design, build, finance, operate, and transfer model and is expected to attract Rs 40 billion (Rs 40 bn) with no direct financial burden. The government aims to transform the bus stations into airport-like hubs with modern passenger amenities such as improved waiting areas, sanitation and VIP lounges, with officials noting that about 55 per cent of the area will be reserved for public use and the remainder for commercial activities. The revised policy reduces technical eligibility requirements and extends timelines to ease investor participation. The lease period has been fixed at either 35 or 90 years, after which ownership will revert to UPSRTC, and the second phase expands coverage to 52 districts with remaining districts to be included later, officials added. The Cabinet cleared proposals under the Uttar Pradesh Industrial Investment and Employment Promotion Policy 2022 on the recommendation of the High-Level Empowered Committee. Approvals included letters of comfort, capital subsidies and project modifications for industrial units, with support for OFC Tech Pvt Ltd amounting to Rs 5.89 bn in SGST reimbursement and for AJJ Cane Industries at Rs 11.28 bn, and capital subsidy approvals for India Glycols Ltd, Viscose International and Integrated Batteries India Pvt Ltd. A Rs 160 bn Avaada Electro project in Gautam Buddh Nagar received modifications to aid implementation. The Cabinet approved green energy investments in solar cell and module manufacturing to develop the Yamuna Expressway and Greater Noida regions, and cleared a bid document for procurement of 2.5 million (2.5 mn) tablets with a budget of Rs 20 bn for 2026-27. Land ownership rights were granted to families displaced at Partition and 99 families will be rehabilitated in Kanpur Dehat at a nominal lease rent of Rs one. Ministers said 22 proposals were cleared and a Forestry and Horticulture University in Gorakhpur was approved.

Next Story
Technology

India Data Centre Market to Cross USD 22 Bn by 2030: Vestian

India’s data centre market is projected to more than double from around USD 10 billion in 2025 to USD 22 billion by 2030, according to a latest report by Vestian. The growth is expected to be driven by rising cloud adoption, expanding AI workloads and increasing demand for data-intensive digital services.Vestian noted that the global data centre sector is witnessing rapid expansion, with current installed capacity estimated at 40–50 GW and projections exceeding 100 GW by 2030. Within this evolving landscape, India is emerging as a strategic hub in the Asia-Pacific region, supported by its ..

Next Story
Real Estate

Retail Leasing Hits 4.3 Mn Sq Ft in H2 2025: ANAROCK RELEAP 2026

India’s retail real estate market recorded a total retail absorption of around 4.3 million sq ft across the top seven cities in H2 2025, reflecting steady leasing activity despite a dynamic market environment, according to ANAROCK Retail’s flagship report, RELEAP 2026.The report highlights a structural shift in the sector as organised retail moves beyond transactional formats toward experience-led spaces that combine shopping, entertainment and dining. Apparel emerged as the leading category driving leasing demand during the period, followed by entertainment, hypermarkets/supermarkets, and..

Next Story
Building Material

Berger Paints Launches ‘Garmi Gone, Thandak On’ Cooling Range

Berger Paints India has launched its Home Cooling Paints Range along with a nationwide campaign titled ‘Garmi Gone, Thandak On’, as rising temperatures continue to pose growing challenges for households across India.The company said the campaign promotes smarter and energy-efficient cooling solutions by focusing on preventing heat from entering homes rather than relying solely on air conditioning. Berger Paints stated that a significant amount of heat enters homes through walls, rooftops and structural openings, making surface protection an important factor in reducing indoor discomfort du..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement