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Board meeting of Yamuna Expressway Industrial Development Authority concluded

Board meeting of Yamuna Expressway Industrial Development Authority concluded
The 91st Board Meeting of the Yamuna Expressway Industrial Development Authority was held on July 15, 2026, in the Authority's meeting hall under the chairmanship of Alok Kumar, Chairman, Yamuna Expressway Industrial Development Authority/Additional Chief Secretary, Industrial Development Department. The meeting was presented by the Secretary-Authority Board, Rakesh Kumar Singh, to the Honorable Board of Directors, regarding the agenda points related to various departments of the Authority. The main decisions taken in the Board meeting are as follows:

The total receipts of the Authority till 30.06.2025 in the financial year 2025-26 were Rs. 640.01 crore, whereas in the financial year 2026-27, the total receipts of the Authority till 30.06.2026 were Rs. 1,371.75 crore, which is an increase of 114.33 percent. The total expenditure till 30.06.2025 in the financial year 2025-26 was Rs. 944.80 crore, whereas in the financial year 2026-27, the total expenditure of the Authority till 30.06.2026 was Rs. 2,101.96 crore, in which Rs. 1741.40 crore was spent on land purchase. Specifically, under the Industrial/Mixed Land Scheme, a total revenue of ₹660.14 crore was received, representing 47.5 percent of the budget allocated for this item for the entire year.

In compliance with government directives regarding fire safety in high-rise buildings, the Yamuna Industrial Development Authority remitted ₹50 crore to the Uttar Pradesh Fire and Emergency Services for fire safety, which was approved by the Hon'ble Board of Directors.

The Board of Directors reviewed the progress of the MSME Park, Handicraft Park, Toy Park, Apparel Park, and Medical Device Park and found that within one month, lease deeds were executed for 63 entrepreneurs, possession was handed over to 118 individuals, plans were approved for 62 cases, construction activity commenced in 84 cases, 15 entrepreneurs commissioned their units, and 12 units were registered under the Factories Act.

The Board of Directors reviewed the operation of EV and hydrogen buses provided by NTPC in the Yamuna Expressway Industrial Development Authority area and directed that every possible effort be made to provide public transport facilities to the general public.

YIAPL was directed to be provided 200 meters of land on lease for scientific disposal of solid waste under the Solid Waste Management Program around the Dhanauri Wetland Village.

The proposal submitted regarding the development of the Industrial Node Master Plan for the area south of the Noida International Airport (towards Agra) was approved.

The Board of Directors reviewed the presentation regarding the development of Yeida International Trade City on the lines of Yiwu International Trade City within the Yamuna Expressway Industrial Development Authority area.

The progress report on the distribution of additional compensation for land acquired/purchased in Yamuna Expressway Industrial Development Authority villages and the updated status of 7% residential land was reviewed, and it was directed that reservation letters for 7% residential land be provided immediately after the purchase of the farmer's land.

 The Board of Directors approved a proposal to incorporate and adopt the Noida Authority's positive terms and conditions in future commercial hotel projects launched by the Authority.

The Board of Directors reviewed the projects covered by Legacy-Standard Real Estate Projects.

The Board of Directors approved a proposal submitted by the Board regarding the allotment of 30 acres of land in Sector 9 to the Indian Council of Medical Research (ICMR) for the establishment of Advanced Research Facilities in the Yamuna Expressway Industrial Development Authority area.

Approval was given to the proposal submitted by the Board of Directors regarding purchase of land of Sector 8A (Industrial), Sector 8B (Industrial), Sector 8C (Industrial), Sector 23C (Transport, Recreation Green R&R Site), Sector 31B (Multiple Land Use) of Yamuna Expressway Industrial Development Authority and for the proposed Master Plan road from 765 KV Sub Station located in Sector 7B to Sector 08D of the Authority.
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