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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement