Submer Group to invest USD 2 billion in Madhya Pradesh

Barcelona-based data centre maker Submer Group has plans to invest USD 2 billion in the state of Madhya Pradesh. The firm will invest in the semiconductor sector and announced the plan at the MP Tech Growth Conclave 3.0.

The firm is allotted 15 acres of land in the Acharpura industrial area for the project. 

Also Read: Mitsubishi Chemical planning to set semiconductor unit in West Bengal

    Lara thermal project: NTPC approves Rs 20, 457 crore for stage 3

Government-owned NTPC Limited's board has approved the Lara Super Thermal Power Project, Stage-III (2x800 MW). The project is estimated to cost 20,456.70 crore and will have two 800 MW thermal power units, bringing the total approved capacity under the project to 1,600 MW.

Further, the board approved to invest in overseas uranium mines to secure the supplies needed to fuel 30 gigawatts of nuclear power capacity over the next couple of decades. A tender is issued to appoint consultants to help identify potential assets in uranium-mining countries, including Canada, Australia, Kazakhstan, and South Africa.

Also Read: NTPC, Reliance, Adani eye big on nuclear power with investments worth Rs 6.5 lakh crores

    Odisha to develop industrial parks in Rayagada and Cuttack

The Odisha state government body, Odisha Industrial Infrastructure Development Corporation (IDCO), will develop new industrial parks in Cuttack and Rayagada districts. These parks will be developed under the Bharat Audyogik Vikas Yojana (Bhavya) scheme of the central government.

The scheme is aimed at developing 100 plug-and-play industrial parks across the country. Tender is floated by IDCO for the preparation of detailed project reports for the proposed parks at Mundali-Nuagaon in Cuttack and Banapur-Bijabanga near Murtiguda in Rayagada.

Also Read: Vedanta signs MoU for setting up new facilities in its aluminium park in Odisha

    91 acres land allocaed by Andhra Government for logistics park to support Google's AI project in Visakhapatnam

The state government of Andhra Pradesh has allocated 91.38 acres at Kanamam village in Visakhapatnam for the development of a logistics and light industrial park to support the warehousing and storage requirements of Google’s proposed India AI Hub in the city.

As per the government, the land is allocated to Ecobox Industrial Asset IV Private Limited for the project that is likely to require an investment of Rs 1,008 crore. The firm is the preferred development partner of Google for the project. 

The logistics and light industrial park will have a total built-up area of 19.45 lakh sq. ft. across 44.65 acres. Further, the firm has received permission to use about five to seven acres within the project for networking and connectivity infrastructure to support the broader data centre ecosystem.

Also Read: 617,000 sq ft space leased by Google India in Gurugram

    Jamnabai Narsee International School signs leased agreement worth Rs 800 crore in Mumbai

Narsee Monjee Education Trust-managed Jamnabai Narsee International School has signed an agreement with Shri Bhanbai Nenshi Mahila Vidyalaya. The 30-year built-to-suit agreement is for the development of a new international school campus in Juhu.

This lease deal is signed for Rs 800 crore and covers 2.36 acres of land reserved for education and a playground. The space also covers a campus to be built by the charitable trust to the school's specifications before being handed over for operations. The 300,000 square foot campus will be built by Jamnabai Narsee International School.

Also Read: 2 lakh sq ft office space leased by HSBC in Hyderabad

    HG Infra emerges lowest bidder for project worth Rs 241 crore

Construction engineering firm HG Infra has emerged as the lowest bidder (L-1) for the Rajasthan Government's tender. The tender is floated by the Department of Skill, Employment & Entrepreneurship for the upgradation of Industrial Training Institutes (ITIs).

As outlined in the tender, the work is to be executed in a Public-Private Partnership (PPP) mode under the National Scheme for ITI Upgradation in the Bhiwadi cluster. The estimated cost of the work is Rs 241 crore.

Also Read: HG Infra emerges qualified bidder for intra-state transmission project in Uttar Pradesh

    Amrit Bharat scheme: Jaisalmer railway station gets Rs 140 crore makeover

The redevelopment work of the Jaisalmer Railway Station has been completed under the Amrit Bharat Station Scheme. This facelift, which has cost around Rs 140 crore, has equipped the station with modern passenger amenities.

As per North Western Railway, the new main station building has been developed as a G+2 structure covering approximately 8,327 square metres. The exterior of the station building has been constructed using Jaisalmer's famous golden-yellow sandstone.

Among other facilities, the station has been equipped with 10 lifts, 10 escalators, two six-metre-wide foot overbridges connecting the platforms, a spacious air concourse, modern waiting halls, an expanded circulating area, organised parking facilities, disabled-friendly infrastructure, and a 480-square-metre commercial area. 

Also Read: Station redevelopment: Berhampur gets Rs 182 crores for upgradation

    Smartwork leases space to UK based firm in Pune

Office space solutions provider Smartwork has leased over 930 seats in Pune to the India-based subsidiary of a UK-headquartered global professional services and technology firm (name of the firm not disclosed). 

This space is leased for 5 years with a total rent outgo of 58 crore over the lease period. The client has made this lease in addition to the previous lease, taking the total seat count with Smartworks to 1,730 seats. 

Also Read: Smartworks adds 4.92 lakh sq ft space in Bengaluru

    Siemens bags new order worth Rs 263 crore from RVNL

German multinational automation firm, Siemens, has bagged a new order worth Rs 263 crore from Rail Vikas Nigam Ltd (RVNL). The order is for overhead rail electrification technologies for the Rishikesh-Karnaprayag rail line project in Uttarakhand.

As per the firm, the scope of work involves rigid overhead catenary systems (ROCS) and flexible overhead catenary systems (FOCS) across tunnels, bridges, open routes, yards, and associated infrastructure over a project stretch of approximately 102.5 track kilometers.

Also Read: Pune Metro: Siemens bags order from Titagarh Rail Systems

    114,950 sq ft office space leased by Executive Centre India in Delhi

Office space solutions provider, The Executive Centre India, has leased more than 1.14 lakh sq ft of office space at Worldmark 6 in Delhi's Aerocity. The space is leased for a period of 9 years with a total rental outgo of Rs 309 crore.

The firm has leased the entire seventh floor, along with 115 car parking spaces, for which it has signed an agreement with Alborz Developers Ltd. 

Also Read: The Executive Centre to launch new centres in Pune and Mumbai