UP Govt approves proposals for setting up 4 data centre parks

By VARINDIA - 2022-06-29

UP Govt approves proposals for setting up 4 data centre parks

The Uttar Pradesh government approved proposals to set up four data centre parks with an investment of over Rs 15,950 crore in the state. This will provide employment to about 4,000 people directly or indirectly.

 

Under the data centre policy, apart from energy related financial incentives, parks and units are given capital subsidy, interest subvention, stamp duty exemption on purchase or lease of land and various other non-financial incentives.

 

The state cabinet approved non-financial incentives to NIDP Developers Private Limited and financial and non-financial incentives to three other investors Adani Enterprises Limited Project-1 and Adani Enterprises Limited Project-2 and NTT Global Data Centers and Cloud Infrastructure India Private Limited.

 

The cabinet also approved the policy regarding the development of maintenance, repair and overhaul (MRO) facilities of aircraft in the state. With the establishment of MRO in the state, a large number of jobs will also be generated, along with revenue to the government.


 


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