Friday, April 20, 2012

IIT at Bahadurgarh

NEW DELHI: Officials of Indian Institute of Technology, Delhi, will visit a site at Jhajjar in Haryana on Thursday (Apr 19, 2012) to explore the possibility of setting up its extension campus in that state.
"We are still not sure how feasible or suitable the site is going to be. We are visiting it tomorrow and we do not know any other details regarding the site," Prof M Balakrishanan, deputy director of IIT, Delhi, told reporters here.
Haryana government had proposed a 100-acre site at Bahadurgarh and the government was offering the land free of cost to the institute but now a new site is being shown.
The proposal to expand the campus of IIT, Delhi, has been hanging fire for quite sometime.

Haryana recently got institutions like Indian Institute of Management, a central university, a National Defence University and Central Institute of Plastics Engineering and Technology. The state has 21 universities and about 1,286 institutions of higher education.
The proposal to set up a second campus of IIT-Delhi in Haryana was cleared by the IIT council on Wednesday. The proposed 'Extension Centre', spread across 100-acre, would have advanced research facilities.
Officials of Indian Institute of Technology, Delhi, will visit a site at Jhajjar in Haryana tomorrow to explore the possibility of setting up its extension campus in that state.

Haryana decides penalty, orders completion of KMP by December 2012 -end

Haryana decides penalty, orders completion by December-end

MUKESH BHARDWAJ Posted: Apr 20, 2012 at 0326 hrs
Chandigarh Irked by the long delay in the construction of the much touted Kundli-Manesar-Palwal Expressway, which was scheduled for completion by July, 2009 after construction commenced in July, 2006, the Haryana government has now put its foot down and has asked the concessionaire to complete the work by the year-end.

It has also asked it to start the Manesar-Palwal section by April 15 as per the revised programme after a recent inspection conducted by Rajiv Arora, Managing Director of Haryana Industrial and Infrastructure Development Corporation (HSIIDC) — the executing agency for the project.

Taking a serious view of the slow progress of the expressway, the government has decided to take action against the concessionaire by imposing penalties for the delay at the rate of 0.01 per cent of the total project cost per week or part thereof in accordance with the provisions under the agreement.

Thursday, April 12, 2012

Defaulting “External Development Charges (EDC)” Colonizers to face imprisonment

Defaulting “External Development Charges (EDC)” Colonizers to face

imprisonmentCHANDIGARH: Shocked over arrears of more than Rs 3,500 crore, Haryana government has finally woken up against colonizers who defaulted in payment of External Development Charges (EDC) and other levies to the town and country planning department (T&CP).
Courtesy an amendment made in the Haryana development and Regulation of Urban Areas Act 1975, the defaulting colonizers are now faced with civil imprisonment till the outstanding arrears are cleared. The amendment approved by Haryana governor on Monday is expected to be notified by Friday, officials in T&CP department said. Around 150 colonizers across the state are from the National Capital Region (NCR) of Gurgaon, Faridabad, Sonipat, Rohtak and Palwal, officials said.
Besides citing the huge amount being shown as outstanding arrears accumulated over the past two decades, officials reason the move, initiated after 35 years of enactment of the Act, as measure taken by Haryana government to keep a check on private colonizers who would generally escape the liability after paying a partial amount as EDC and other levies.

Tuesday, April 10, 2012

Plan panel tweaks toll to favor developer

Plan panel tweaks toll to favor developer .
Wednesday, 21 March 2012 00:27 J Gopikrishnan New Delhi.

Ignoring the directions of Supreme Court’s Monitoring Committee and overruling strong objections from Planning Commission Members, the plan panel has approved a 1.5-time increase in toll rates for Eastern Peripheral Expressway.The implementing agency of WPE, also known as KMP (Kundli-Manesar-Palwal) is the Haryana Government-run HSIIDC. The developer of this expressway is DSC Limited, owned by HS Narula and MS Narula. The construction started on 2007 and was supposed to be completed by 2010. But till date only 60 per cent of work has been completed, and it may take three more years for fruition. The toll rate of a car fixed for WPE is Rs 170.

Reliance proposes to demerge model township at Haryana SEZ

Reliance proposes to demerge model township at Haryana SEZ

Reliance has proposed to demerge the model township from its Jhajjar Special Economic Zones (SEZ) in Haryana.The demerger will be subject to the approval from the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).Reliance has signed a pact to induct IL&FS into a new company. Reliance Ventures will have 45% interest, while IL&FS and HSIIDC will have 45% & 10% stake, respectively.The company was asked to return the land during a meeting between RIL chairman Mukesh Ambani and Haryana Chief Minister Bhupinder Singh Hooda in New Delhi on January 17. Hooda had suggested that since the SEZ project had got delayed by over six years it would be better that the land be returned. The SEZ was to be set up in 2006 through a special purpose vehicle — Reliance Haryana SEZ Ltd — created after a collaboration between Reliance Ventures, a wholly owned subsidiary of RIL, and HSIIDC.

Yokohama Rubber to Construct New Tire Plant at Bahadurgarh

Yokohama Rubber to Construct New Tire Plant at Bahadurgarh
03/28/2012 02:50amTokyo -
The Yokohama Rubber Co., Ltd. announced today that it would construct a passenger car-tire plant in the state of Haryana adjacent to Delhi, India. As the first phase, the company plans to begin operating the plant at an annual production capacity of 700,000 tires from July 2014. The total investment in construction of the plant is approximately 4.4 billion yen. In April 2008, Yokohama Rubber signed a contract with Haryana State Industrial and Infrastructure Development Corporation Limited, of India, to acquire a business site of 25 acres in the Corporation's Industrial Estate Bahadurgarh. But construction of the tire plant has been postponed due to recession caused by the Lehman shock and some other factors.
Yokohama Rubber will construct the new tire plant as the production base of Yokohama India Pvt. Ltd., established in April 2007, as a wholly-owned subsidiary of Yokohama Rubber. Since July 2007, Yokohama India has been selling passenger-car tires for the replacement tire market through its own sales network. The company is making an effort to expand sales by creating an image of a high-grade brand tire through placing an emphasis on high performance and high quality that characterize Yokohama-brand tires.
In 2011, sales of new cars reached approximately 3 million cars in India. In 2020, the market is expected to exceed 7 million cars to grow into the third largest car market in the world. Along with this move, the local tire market also is expected to grow at a steady pace. Yokohama Rubber plans to proactively take this as a business opportunity and upgrade its business model from "sale of imported products" to "local production/consumption".
The Industrial Estate Bahadurgarh located approximately 40 kilometers west of Delhi, the largest commercial district in India, and some 45 minutes from Delhi International Airport with a highway to be improved within 2012. Many other benefits of the location include nearby Haryana State University of Technology expected to become a supplier of excellent human resources.