The Uttar Pradesh government has asked the Greater Noida authority to submit a progress report on the Delhi Mumbai Industrial Corridor project.
Authority officials will give a presentation on the project to Uttar Pradesh chief secretary Alok Ranjan in Lucknow on Wednesday.
“An officer from the Greater Noida authority will go to Lucknow to brief the Chief Secretary on all issues related to the Delhi Mumbai Industrial Corridor (DMIC) project. The issues pertain to land availability and progress on the ground,” said Deepak Agarwal, chief executive officer of the Greater Noida authority.
The estimated cost of setting up the industrial township in Greater Noida is Rs 426 crore. Private sector investments to the tune of Rs 33,000 crore is expected in over 30 years. The DMIC will be spread over 36,068 sq km across 12 districts of Uttar Pradesh.
The DMIC, which will consist of large industrial townships, is being developed along a 1,483-km rail route from Greater Noida’s Maicha to Jawaharlal Nehru Port in Mumbai.
Mumbai-based developer Shapoorji Pallonji, which was awarded the project on January 9, 2016, has been directed to complete it within two years. The developer started work on March 11.
“Work on the project is in full swing. We aim to begin allotment of space to industrialists by the end of this year. The DMIC project is a priority for the state and Central governments. Therefore, periodic reviews of this project take place to sort out issues that keep coming up,” said Agarwal.
Located in the Dadri-Noida-Ghaziabad investment region of the corridor, the township is expected to provide employment to thousands of workers. Shapoorji Pallonji will develop infrastructure such as roads, drainage, sewer system, water and power supply facilities and landfill site for the township.
According to officials, the township will have 51% industrial area, 17% residential area and 7% area will be reserved for commercial activities. The remaining area will be developed as green zone.