Selection

process of master developer for construction of Textile Park on Lucknow-Hardoi

border under PM Mitra Park Yojana gained momentum

Scheme

will move forward with financial support of Centre and Yogi Govt, master

developer will get responsibility for concession period of 50 years

Selected

master developer will get financial assistance of Rs 500 cr from govt in two

phases for development of core infrastructure of park

Yogi

government will give concessions in many items including stamp duty, capital

and interest subsidy to those setting up industrial units

Master

developers will be selected for development of PM Mitra Park via RFP and draft

concession agreement

Textile

park will be developed, marketed and operated on PPP mode, investment of Rs 10k

crore expected, more than 1 lakh employment opportunities will be created

Lucknow,

5 June (HS): The Yogi government has expedited the process of selection of

master developer for the development of the proposed PM Mitra Mega Textile and

Apparel Park on the Lucknow-Hardoi border. Under the PM Mitra Park Scheme, the

textile park will be developed, marketed and operated on PPP mode. For this,

the Ministry of Textiles, Government of India, has prepared a model bid

document RFP and Draft Concession Agreement (DCA) after detailed discussions

with all the concerned states. Master developers will be selected for the

development of PM Mitra Park through this bid document. According to the main

criteria given in the draft bid document, this project is based on the Design,

Build, Finance, Operate, Transfer (DBFOT) model and is proposed to be given to

the selected master developer on a concession period of 50 years. The

industrial units to be established on completion of the project will be

encouraged by the Yogi government by giving discounts in various items.

As

per the DBFOT model, the master developer will design the layout, facilities

and infrastructure of the park. The master developer will construct the entire

textile park, while the project will be accelerated with private investment

along with government assistance. After construction, the master developer will

operate and manage the park, while after the concession period ends, the

ownership and operation rights of the park will be handed back to the state

government and the SPV. The Ministry of Textiles of the Central Government will

provide Rs 500 crore to the master developer in two phases for the development

of core infrastructure. In this sequence, an SPV named PM Mitra Park Uttar

Pradesh Ltd. has been enacted under the Companies Act.

At

the same time, the Yogi government will provide incentives to industrial units

in the form of land cost subsidy, stamp duty, capital subsidy, interest

subsidy, power subsidy, employment subsidy and freight subsidy. An investment

of Rs 10k crore is expected in this mega park, which will create more than 1

lakh employment opportunities directly and indirectly. Along with the park,

core infrastructure will also be developed in the surrounding area, which will

create an environment for investment and business along with industrial

development of the entire area.

Rakesh

Sachan, Minister of Micro, Small and Medium Enterprises, Khadi and Village

Industries, Silk Industry, Handloom and Textiles of the state, said that the

selected master developer will be responsible for preparing the master plan as

per global standards and following the guidelines of the SPV. The development

of infrastructure inside the park will be done by the master developer at his

own risk and cost. He will also be responsible for marketing, operation and

maintenance. The selected master developer will have to develop internal roads,

power distribution, infrastructure, water and waste water treatment facilities,

plug and play infrastructure development, factory sheds, incubation center,

support infrastructure such as common processing facility, common boiler,

workers' hostels and housing (especially for women workers), health facilities,

training and skill development, warehousing, logistics and other necessary

facilities within the park. The RFP document and draft concession agreement related

to the scheme will be finalized and presented before the committee constituted

under the chairmanship of the Chief Secretary. The recommendations of the

committee will be sent to the Uttar Pradesh Council of Ministers for approval.

The

development and operation of PM Mitra Park is proposed to be done by a Special

Purpose Vehicle (SPV) jointly owned by the Government of India and the

Government of Uttar Pradesh. The Uttar Pradesh government will have 51 percent

share in this SPV and the remaining 49 percent will be of the Government of

India. Under this, the state government is responsible for providing 1000 acres

of land for the park as well as developing external infrastructure including

four-lane road connectivity, electricity supply and water supply.

The

RFP document and draft concession agreement related to the scheme will be

finalized and presented before the committee constituted under the chairmanship

of the Chief Secretary. The recommendations of the committee will be sent to

the Uttar Pradesh Council of Ministers for approval. Under the scheme, the Mega

Textile and Apparel Park is being set up on the land of Rehman Kheda

Agricultural Farm located on the border of Lucknow-Hardoi. The land selected

for the development of the park has been transferred to the SPV on a lease of

99 years at the rate of Rs 1 per acre per year.

Hindusthan Samachar / Abhishek Awasthi