{"id":23391,"date":"2015-05-29T13:09:11","date_gmt":"2015-05-29T07:39:11","guid":{"rendered":"http:\/\/news.entecity.com\/?p=23391"},"modified":"2015-06-03T20:16:51","modified_gmt":"2015-06-03T14:46:51","slug":"technopark-dismisses-infosys-allegations-of-inadequate-infrastructure","status":"publish","type":"post","link":"https:\/\/entecity.com\/news\/technopark-dismisses-infosys-allegations-of-inadequate-infrastructure\/","title":{"rendered":"Technopark dismisses Infosys’ allegations of inadequate infrastructure!"},"content":{"rendered":"

Technopark denied allegations of “non-cooperation” in creating the supporting infrastructure for Infosys in Technocity<\/a>, at Trivandrum. The response from Technopark comes in the wake of a letter from Infosys informing their decision to back out from the Technocity project citing ‘non-cooperation’ in providing infrastructure.<\/p>\n

Technopark authorities said that the IT Park had provided all facilities needed to begin construction activities for Infosys’ new campus in the provided land.<\/p>\n

On the request of Infosys, Technopark had handed over 49.84 acres<\/strong>, notified as special economic zone (SEZ) on March 27, 2013, for its new campus in Technocity, said PH Kurian, principal secretary for IT, Kerala government.<\/p>\n

As per the Memorandum of Understanding (MoU) signed by Infosys and Technopark in 2012, Infosys should have started the construction work within a year from the date of issuance of lease deed.<\/p>\n

Infosys is yet to initiate a series of activities of campus construction, including the signing of co-developer agreement (draft of which was provided by Technopark), submission of application for Co-developer approval, execution of bond-cum-legal undertaking, execution of lease agreement and submission of drawings to Technopark for approval.<\/p>\n

“Even when Technopark has provided all basic infrastructure facilities required for construction, we haven’t received from Infosys the building plan or any explanation on the delay so far. This is a clear violation of the terms and conditions mentioned in the MoU<\/em>,” said KG Girish Babu, CEO Technopark. He also said Infosys had not replied to a reminder letter sent six months back by Technopark.<\/p>\n

Technopark also dismissed Infosys’ allegation that the allotted land comprises a temple that would hinder its construction. Technopark made it clear the temple had never been under the possession of Technopark and was not included in the land offered to the IT firm.<\/p>\n

Technopark has so far invested Rs 5.96 crore<\/strong> for the construction of 4-lane roads within the proposed Technocity campus, Rs 2.73 crore for power infrastructure and Rs 17.87 crore for water supply to support construction activities within the Technocity. An additional amount of Rs 41 crore will be invested for the 11 kV 25 MVA sub-station to meet the power requirements of buildings once they become fully functional.<\/p>\n

“There is nothing to prevent Infosys from starting the construction work as 11 kV power supply required for the project office is already available at the site.”<\/em> said Babu.<\/p>\n

So far, Technopark has managed to meet all requirements of Infosys without any major glitch. Plans are also in place to support future expansion of both Infosys and UST Global.<\/p>\n","protected":false},"excerpt":{"rendered":"

Technopark denied allegations of “non-cooperation” in creating the supporting infrastructure for Infosys in Technocity, at Trivandrum. The response from Technopark comes in the wake of a letter from Infosys informing their decision to back out from the Technocity project citing ‘non-cooperation’ in providing infrastructure. Technopark authorities said that the IT Park had provided all facilities […]<\/p>\n","protected":false},"author":44,"featured_media":23392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,4],"tags":[203],"class_list":["post-23391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-news","category-general","tag-technopark"],"_links":{"self":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/23391"}],"collection":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/comments?post=23391"}],"version-history":[{"count":0,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/posts\/23391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media\/23392"}],"wp:attachment":[{"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/media?parent=23391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/categories?post=23391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entecity.com\/news\/wp-json\/wp\/v2\/tags?post=23391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}