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Haryana State Industrial & Infrastructure Development Corporation Limited Head Office: C13&14, Sector - 6, Panckula I Delhi Office: C-8, Kharag Singh Marg, New Delhi Tel: + 91 172 2590481-83; Fax: +91 172 2590474 I Tel: +91 11 23477680-81; Fax: +91 11 23347688 Website: www.hsiidc.org, email: [email protected] EOI (Expression of Interest) for Development of Industrial Model Township at Bidhal-Lath, Gohana, Sonipat, HARYANA Transaction Advisors Consortium of CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

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Page 1: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

Haryana State Industrial & Infrastructure Development Corporation Limited Head Office: C13&14, Sector - 6, Panckula I Delhi Office: C-8, Kharag Singh Marg, New Delhi

Tel: + 91 172 2590481-83; Fax: +91 172 2590474 I Tel: +91 11 23477680-81; Fax: +91 11 23347688

Website: www.hsiidc.org, email: [email protected]

EOI (Expression of Interest)

for

Development of Industrial Model Township at Bidhal-Lath, Gohana, Sonipat, HARYANA

Transaction Advisors

Consortium of CBRE South Asia Pvt Ltd &

Innovest Advisory Services Pvt Ltd

Page 2: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Inviting Expression of Interest (EOI) for

Development of Industrial Model Township (IMT) at Gohana (Sonipat District), Haryana

1.0 Background

Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC) is

a Government Company constituted under Companies Act 1956 for development of

industrial Infrastructure and industrial development in the State of Haryana. HSIIDC is

the Nodal agency for development of Industrial Infrastructure in Haryana, thereby,

catalysing all round economic growth in the state. HSIIDC has been successful in

developing a number of Industrial Model Townships, Industrial Estates, Theme Parks at

strategic locations all over the State. Prime amongst these are Industrial Model

Townships at Rohtak, Manesar, Bawal & Faridabad; Industrial Estates at Kundli, Rai,

Barhi, Bahadurgarh; and Theme Parks alike the Food Parks at Rai & Saha, Footwear

Park at Bahadurgarh, Technology Parks at Manesar, Rai & Panchkula etc. A number of

new projects planned/under implementation include new Industrial Model Townships

at Rojka Meo (Mewat), Gohana and Khakhuda; Industrial Estates at Panipat; and

Textile Park at Barhi, Food Park at Barhi, Green Electronics Manufacturing Cluster at

Rohtak & Leather Cluster at Rojka Meo (Mewat) apart from expansion of existing

Industrial Model Townships/Industrial Estates.

While HSIIDC has developed a number of Industrial Model Townships, Industrial Estates

and Theme Parks/Industry Cluster at various locations in the State, it is not been able

to fully meet the demand of developed industrial space. It is becoming increasingly

difficult to acquire a commensurate large land-bank on long term basis on account of

the costs involved in holding the undeveloped land. Simultaneously, there is pressing

need to disperse the availability of developed infrastructure in comparatively lesser

developed areas so as to balance the developmental efforts in such areas. The

Government also recognises the need for development of planned industrial

infrastructure in industrially backward blocks in the hinterland, outside the controlled

areas of towns. It also appreciates that it becomes extremely difficult for the Private

Sector to accumulate/ purchase contiguous land in required proportions through direct

negotiations. Taking cognizance of the situation, the State Government of Haryana

announced for development of Industrial Model Townships under the Public Private

Partnership (PPP) Model in its Industrial & Investment Policy, 2011.

Carrying forward the vision of the policy, HSIIDC has envisioned developing an

Industrial Model Township (IMT) at Bidhal Lath Gohana in District Sonipat over an area

of approximately 6,000 acres though Public Private Partnership (PPP) Model.

2.0 Advantage HARYANA

With a splendid economic growth, one of the highest per capita income index, sound

industrial infrastructure, strong manufacturing base, advanced agriculture sector and

vibrant service sector, Haryana is among the highly economically developed and

Page 3: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

industrialised States of India. The State has its manufacturing stronghold particularly

in sectors like automobile & auto components, light engineering goods, IT & ITES,

textile & apparels and electrical & electronic goods. The State Government has always

strived to create and maintain conducive environment for attracting investment

through investor friendly rules & procedures and timely & smooth delivery of services.

It has made sustained efforts in removal of any bottlenecks in smooth operation of

industries. As a result of its investor friendly policies, Haryana has been successful in

attracting huge investments. The State of Haryana was acknowledged as a leader in

per capita investment for the year 2007 as per the CMIE report.

Having emerged as a preferred investment destination for the domestic as well as

international investors, Haryana today is home to a number of multinational

companies and corporate houses. The State enjoys a number of advantages including

proximity to the national capital of Delhi, excellent law & order situation, planned

quality infrastructure, conducive policy environment, harmonious labour relations,

trained & skilled manpower, responsive administration, etc. Haryana is a vibrant, fast

growing State – a perfect place for stable and profitable investment.

3.0 Project

Recognising the need for development of planned industrial infrastructure in

industrially backward blocks, HSIIDC has envisioned developing an Industrial Model

Township (IMT) at Bidhal Lath Gohana in District Sonipat over an area of approximately

6,000 acres though Public Private Partnership (PPP) Model.

The proposed Industrial Model Township (IMT) is envisaged to have campuses for large

industries, industrial plots, flatted factories, residential facilities, labour housing,

commercial and institutional areas, entertainment zones, skill development & health

care facilities etc. The development will be of international standards with power,

water supply, roads, sewerage, effluent disposal, storm water disposal, and solid

waste management to enable enterprises to function in a pleasing environment. The

proposed IMT shall be planned in an environment friendly so as to allow the hyper

industrial activity integrate with the habitation zones and prevent possibilities of

urban degradation.

It is intended to develop IMT Gohana in a way that results with a World Class Industrial

premise that shall attract National and International Investors. The concept shall be

dynamic and vibrant suiting to the needs of end users. End users in this case could be

defined in groups classified as Entrepreneurs, Employees, Industrial workers and

Residents.

The basic principle behind the IMT remains providing for a coherent living

environment. IMT shall be planned and developed in a way that delivers vibrant,

dynamic and efficient environment. It should be conducive for the users to switch to

different activities of life. IMT shall be planned and developed to have strategic

distribution of areas of habitation, work and leisure. Balance of the three activities

shall be maintained by provisioning of pertinent infrastructure and adequate facilities.

Page 4: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Permissible Limits of Internal Land Uses:

The percentage of different land uses permissible in the Industrial colony shall be as under:

Sr. No.

Land Use component Percentage of Gross Area of the colony

1 Roads, Infrastructure services, Public Utilities and Open spaces

35

2 Plotted/Saleable Area 65

of which (a) Industrial Use 45 (minimum)

(b) Residential/ Housing

15 (maximum)

(c) Commercial 5 (maximum)

Note: (i) Of the 15% area permissible for residential use, a minimum of 3% shall be used for industrial worker/labour housing.

(ii) Plots/flats for Economically Weaker Sections (EWS) shall be reserved for allotment as per Rules/Policies of the Town & Country Planning Department issued from time to time, in respect of the ‘General Housing’ over and above the prescribed limit of ‘Industrial worker/labour housing’.

(iii) Density of population in permissible residential use shall be 100 PPA (with 20% variation on either side) in case of plotted colony and 100-400 PPA in case of group housing colony.

(iv) The maximum size of the residential plot shall not exceed 500 sqm and minimum size of the flat shall not be less than 49 sqm., except EWS category flat of which the minimum size shall not be less than 18.58 sq.mtrs. (200 sq.ft.)

(v) Supporting institutional uses shall be allotted within the different components as per the existing provisions/ composite norms of the Town & Country Planning Department, Haryana.

Government has decided that the HSIIDC would acquire the entire land for the

proposed Project and offer the same to the Private Sector Entity(ies) for development

of industrial infrastructure i.e. Industrial Model Township. HSIIDC is willing to partner

with a single entity for development of entire land as a single IMT or multiple entities

Page 5: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

for modular development subject to market response and applicable approvals /

clearances from the competent authority.

As a further step in this regard, the State Government has already initiated the

process for acquisition of land i.e. 6,000 acres for proposed Project. Notification under

Section 6 of the Land Acquisition Act for land admeasuring approximately 3398 acres

was issued on 31st March 2014 and for land admeasuring approximately 2593 acres in

May, 2014.

4.0 Location

The parcel of land earmarked for the Industrial Model Township is located at Bidhal

Lath in Gohana Tehsil of Sonipat district of Haryana. The land is situated on the south-

east of the town of Gohana across the Western Yamuna Canal. It is at a distance of 23

kilometers from Sonepat district Headquarter, about 10 kilometers from Gohana,

approximately 35 kilometers from IMT Rohtak; about 40 kilometers from Panipat and

about 30 kilometers from Kharkhoda/KMP. A state highway, SH 11 and the Sonepat

Jind Railway line under construction bisect the site horizontally and a railway line is

also under construction towards the south of the site.

Over the past few years, the subject region has gained prominence due to a number of

infrastructure initiatives undertaken by the Government. These include 4 lane

construction of Rohtak Gohana Panipat road (NH 71A), the under construction Rajiv

Gandhi Education City, under construction Kundli-Manesar-Palwal (KMP) Expressway,

Page 6: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

widening of NH-1, etc. These infrastructural developments are aimed at providing

better connectivity to the subject site and are expected to result in an overall planned

development of the region.

Sonipat is the largest town close to the subject site and is located on NH1. Due to its

proximity to Delhi and NH1 providing excellent connectivity, it has gained a lot of

prominence in the recent years. Sonipat has become a hub for industrial development

in the region. The proposed site is also located amidst an established industrial hub

comprising of various developments such as knitwear units, steel factories, fastener

units, etc. Distance to major hubs / connectivity options:

Details Distance (Km)

Gohana Railway Station 12

Sonipat Railway Station 26

Rohtak-Gohana Road 05

NH1 32

Proposed Rapid Rail Network 30

Kundli-Manesar-Palwal Expressway 36

Rajiv Gandhi Education City 40

Proposed Metro 58

New Delhi Airport 88

Page 7: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

The following table elucidates key access points which are expected to enhance

connectivity to the subject site in future:

S. No. Infrastructure Initiative

Distance (km)

Key Features

1 Kundli-Manesar-Palwal Expressway

(Western Peripheral)

35 – 37 The KMP Expressway (approx. 135 km), proposed to decongest traffic by routing interstate traffic (commercial and passenger) around the National Capital Territory

2 Kundli-Ghaziabad-Palwal Expressway

(Eastern Peripheral)

38 – 40 The KGP Expressway (approx. 136 km) forms the third ring road around Delhi in order to smoothen the heavy vehicle traffic

3 Railways

Jind – Gohana – Sonipat

1 – 3 Based on information available in public domain, currently in early stages of construction

4 Proposed Sonipat Bypass Road

18 – 20 Currently in planning stages as per Sonipat – Kundli Master Plan

5 Proposed Rapid Rail Network

28 – 30 High speed rapid rail corridor proposed from Kashmiri Gate to Panipat via Sonipat ~ Currently in planning stages

6 Proposed Metro 57 – 59 Delhi Metro is proposed to be extended to Sonipat through the existing Jahangirpuri line ~ Expected to further improve connectivity to subject region from various pockets of Delhi

7 Widening of NH-1 30 – 32 Being the primary access route from Delhi, current widening of NH-1 would enhance its capacity to accommodate the heavy vehicle traffic from key regions in NCR

5.0 Proposal

HSIIDC has envisioned developing an integrated industrial investment destination in

form of Industrial Model Township (IMT) over an area of approximately 6,000 acres

near Gohana in District Sonipat though PPP Model.

The entire land may be provided to a single entity under PPP concessional framework

for development of the IMT or to multiple entities / developers for modular

development of IMT. HSIIDC may also upscale or downscale the proposed development

depending on the response of the market players to this EOI.

Page 8: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

6.0 Present Industrial Profile of the Region

Haryana has been providing a constant impetus to manufacturing activity over the past

few years with the objective of developing the state as a major manufacturing /

export hub of Northern India. The state government has been promoting industry

specific infrastructure developments such as Export Promotion Parks, Food Parks,

Apparel Parks, Auto Clusters, Engineering Clusters, etc. to provide manufacturers a

level platform to successfully compete with both domestic and international

counterparts. These initiatives have led to enhanced investments across a number of

sectors, which are listed below.

In addition, specific policies such as the “Total Industrial Support” policy have also

been introduced to augment investment across specific sectors.

7.0 Demand Drivers

Bidhal Lath itself is located amidst a well established industrial area of Sonipat with

good connectivity through road or rail for transportation of raw materials or finished

goods. Moreover, the area is also rich in agricultural produce such as wheat, sugarcane

maize and rice.

Based on an assessment of the existing industrial scenario and other critical factors, a

set of industry segments have been identified for deriving potential opportunities at

the subject development.

Industry Segment

Current Status Key Drivers Opportunity

Food & Beverages

• Agriculture is one of the biggest employment generators in catchment area with strong potential in value addition and exports

• Most of the organized industrial setups are either occupied or

• Consumption base in NCR and neighboring states

• Connectivity with consumption and raw material hubs

• Presence of F&B industry within immediate proximity of the proposed IMT

Opportunity for large investments, especially in areas of Dairy and Food Processing, Specialty Processing Packaging, Frozen Food/Refrigeration and Thermo Processing, Rice

Page 9: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Industry Segment

Current Status Key Drivers Opportunity

expansive

• Large Dairy , Grain milling , poultry, packaged food manufacturers have manufacturing base in catchment area, prominent manufacturers include Danone, Yakult, Shakti Bhog, Parle, etc

• Availability of cheaper land in comparison to competition

• Presence of rail connectivity

Milling etc.

Television & Communication Equipment & Apparatus

• Consumer durables sector raked in revenues worth USD7.3 billion in FY12, growth has been healthy over the years; the sector recorded a CAGR of 10.8 per cent over FY03-12

• Market is dominated by MNC’s like LG, Samsung, Videocon, Whirlpool, etc.

• Low penetration, falling prices of lifestyle products- increased affordability, easy financing schemes, changing perceptions, aspirational demand are key drivers and growth of Television & communication Equipment & Apparatus (consumer durable industry) is poised

• Consumption base in NCR and neighboring states

• Access to three important markets -northern, eastern and central India

• Availability of cheaper land for expansion in comparison to other options

• Access to import and export gateways and availability of trained workforce

Opportunity for large investments with capacity enhancement projects of various players is of high potential

Chemical & Chemical Products

• The largest segments of this sector are soaps/ detergents & paints ~ which are US$ 5.5 bn and 4.7 bn respectively, and

• Consumption base in NCR and neighboring states and access to three important markets -northern,

Opportunity for large investments in paint, dye industry and soap detergents and mid size

Page 10: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Industry Segment

Current Status Key Drivers Opportunity

growing at greater than 10% p.a.

• Presence of mid size industry with in the catchment area. Manufacturers source their raw material from domestic petrochemical companies and imports

• Downstream industries of chemical and chemical products are construction, automobiles, telecom, aerospace etc.

eastern and central India

• Presence of automotive sector, FMCG and construction industry within the catchment area increases its attractiveness for the subject site

• Access to import and export gateway and availability of trained workforce

investment in plastic, packaging, wiring and conduits is of high potential

Textile & Apparel

• Abundant availability of raw materials gives Haryana a competitive advantage in the textile sector – cotton production in 2011-12 was around 2.6 million bales

• Panipat, has established itself as a centre for handloom products on the international map

• Barhi is fast evolving for textile and apparel industries , Gurgaon has plenty of apparel exports

• Consumption base in NCR and neighboring states and access to three important markets -northern, eastern and central India

• Provisioning of export enabling infrastructure like bonded warehouse

• Access to import and export gateway and availability of trained workforce

• Availability of cheaper land for expansion in comparison to other options

Opportunity for setting up small to medium size export houses complimenting neighboring textile apparel hubs like Panipat and Barhi

Automotive & Auto Ancillary

• Auto components are locally manufactured in the ancillary unit ~ rely on imports have decreased due to the local availability of components

• Presence of large consumption base in NCR and neighboring areas

• High disposable income in Tier 1 as well as Tier 2

Opportunity for small, medium and large investments. Large investments from the major auto players, whereas small &

Page 11: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Industry Segment

Current Status Key Drivers Opportunity

• The automobile industries located in Haryana are medium to large enterprises whereas the auto components industries varies from small & medium enterprises

cities which is driving growth for automobile industry

• Good connectivity exists to consumption hubs and raw material hubs, which reduces the time & travel cost

• Consolidated land available at competitive rates

mid investments from the support industries

Machinery & Equipment

• Large industrial base coupled with upcoming real estate growth in Haryana have led the growth in the demand of industrial as well as household machinery and equipment

• Prominent companies such as Usha, Ashoka Power Systems etc. are already present in Haryana

• Consumption base in NCR and neighboring states

• Access to three important markets -northern, eastern and central India

• Availability of cheaper land for expansion in comparison to other options in NCR

• Access to import and export gateway and availability of trained workforce

• Growth in real estate which will lead to demand for machinery and other household related equipment

Opportunity for medium & large investments with capacity enhancement projects of various players

Fabricated Metal Products

• Used in sectors such as construction, metal casting, automobile and consumer electronics

• The fabricated metal segment is sized at

• Consumption base in NCR & neighboring states and access to three important markets -northern, eastern and

Opportunity for small to medium scale industry in immediate to medium term due to high growth in construction

Page 12: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Industry Segment

Current Status Key Drivers Opportunity

US$ 500 mn in 2010, growing at 15-20% p.a.

• Backward linkages are steel and aluminum for body and internal framework

central India

• Access to import and export gateway and availability of trained workforce

• Availability of cheaper land for expansion in comparison to other options

• Connectivity with rail

• Can leverage the requirements in neighboring industrial belt in the light engineering segment

industry within the region as well the industry would be leveraged by presence of other industries in the region

Logistics • Sonipat is positioned at the mouth of the funnel where all traffic from the North East – North West quadrant converges to gain entry into Delhi

• Gradual emergence of manufacturing activities

• Site is strategically located to cater to cargoes originating from and destined to the catchments of the NCR, Punjab, Haryana, Himachal Pradesh & Uttar Pradesh

• Low real estate prices as compared to National Capital Region

• Good connectivity to other industrial hubs in the nearby location

• Proximity to the consumption hub (Delhi)

• The site enjoys excellent connectivity with its neighboring districts as well as the National Capital Region

Opportunity for Biggest Hub for cargoes like Rice, Meat, Yarn, Woolen Rags and Blankets, Scrap, etc. The region has got a potential to generate up to 200,000 TEUs cargo per annum

8.0 Availability of Water for the Proposed Industrial Area

The water supply to IMT at Bidhal Lath, Gohana is proposed to be made available from

the existing Western Yamuna Canal. The State Government shall make the water

available for the project but the cost of transportation of water from the source to the

Page 13: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

site would have to be borne by the SPV. The developer shall have to make provision

for treatment and re-cycling of the waste water so as to target provision for zero-

discharge.

9.0 Implementation of the Project

The selected Developer(s) for IMT shall have right to design, finance, develop, operate

and maintain the IMT through an Special Purpose Vehicle (SPV). The SPV shall have the

concession to marketing the project, lease the plots / factories and other facilities in

IMT and retain & appropriate the revenue from the same in form of sale of plots/land

to the industrial units on the basis of the price of the land to be fixed by the SPV and

user charges/ maintenance fee from the unit holders. HSIIDC shall hold a minimum of

11% equity stake in the SPV implementing the Project.

The Project could be developed in single phase of 600 acres or in smaller parcels of

minimum 1000 acres or above by a single developer/multiple developers. The project

would be implemented through the Special Purpose Vehicle/Joint Venture Company

(SPV/JV) to be incorporated jointly by HSIIDC and the selected Developer.

The SPV shall bear the cost of land, cost of internal infrastructure development,

construction and external infrastructure development. However, land required for

development of external infrastructure shall be acquired by State Government /

HSIIDC at its own cost.

The basic objective of this EOI is to understand the market dynamics and formulate a

project based on the inputs received from the interested parties / investors /

infrastructure developers on the project sizing, project structure, commercial

structure and the development model.

The applicants are advised to go through the Chapter 7 (Infrastructure: Public Private

Partnership) of the Industrial & Investment Policy 2011 of the Haryana Government

before submitting their proposals.

10.0 Project Development Activities undertaken

HSIIDC has appointed the consortium of CBRE South Asia Pvt Ltd and Innovest Advisory

Services Pvt Ltd as Transaction Advisor for specialised advisory services of undertaking

a strategic market assessment study and further provide relevant inputs for

development of IMT on PPP format.

The Transaction Advisors have completed the following Project Development

activities:

i. Acquisition of land:

The acquisition of land is at an advanced stage. Notification under Section 6 of the

Land Acquisition Act has been issued for the entire chunk of about 6000 acres.

ii. Market Survey

Page 14: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

o Survey conducted amongst various industrial end-users in catchment

area, Industry / Trade Associations, Government (Economics &

Statistics) Departments (Directorate of Industries), Real Estate players,

etc. to gauge perception of industrial real estate dynamics and

understand various best practices

o On-ground primary research during the study has been complimented by

in-depth secondary research comprising collation of various information

sets through research reports, industry reports, marketing material,

media clippings, Consultant databases, etc.

iii. Industrial Positioning of the Region

iv. Demand Assessment

v. Technical Studies for Infrastructure Availability and Infrastructure Planning

vi. Infrastructure Demand Assessment, Planning, Phasing and Costing

vii. Development Strategy

viii. Conceptual Master Plan

ix. Marketing Strategy

x. Draft Feasibility Report

11.0 Envisaged Role of Developer(s)

i. Design, finance and development of internal infrastructure inter alia roads,

water supply, power supply, street lights, horticultural works, etc for smooth

operations of Industrial Model Township

ii. Market the industrial plots, factories and other facilities planned within IMT at

nation / international level for allotment to interested unit holders

iii. Allot the plots by way of sub-leasing to interested industrialists at

predetermined rates

iv. Collect revenue in terms of lease premium, lease rentals, user charges etc from

the unit holders

v. Operate and Maintain the IMT in accordance with applicable rules / laws, good

industry practice and terms of agreement signed with HSIIDC

12.0 Envisaged Role of HSIIDC/State Government:

i. Acquisition of the land required for the Project, external infrastructure and

connectivity

ii. Acquisition of land required for development of connectivity and external

infrastructure

iii. Partner with the selected Developer(s) in the SPV

Page 15: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

iv. Facilitate the developer in getting all necessary approvals from concerned

departments for implementation of the Project

13.0 Who should submit EOI

i. The applicant may be a national/international infrastructure developer /

industrial infrastructure developer / real estate developer / with a proven

track record in implementing large scale projects commensurate with the size

and nature of proposed project.

ii. The applicant may be a national/international large industrial house or

established firm /company who are interested in setting up their facility within

the proposed IMT.

The objective of this EOI notice is to take feedback from the prospective developers /

investors regarding project sizing, project structure, commercial structure and the

development Model for the proposed project. HSIIDC shall also appreciate the

feedback from the respondents on eligibility criteria, concessional framework of PPP

model, bidding parameters & evaluation methodology, nature of thrust activities etc.,

to be finally included in the bid documents. However, HSIIDC shall be free to accept or

reject any suggestion and its decision in this regard shall be final. Therefore, it would

be desirable that only those companies / firms, which prima facie have technical and

financial strength to undertake this Project, respond to this EOI. The total estimated

cost of the proposed project spread over 6,000 acres is likely to be approximately Rs

5,000 crore.

14.0 Selection Process

This EOI is published only with a purpose of collection of information from interested

developers / industrial houses and HSIIDC reserves the right to proceed with the

Project on PPP or public fund basis. However, the applications received shall be

reviewed carefully and interactions with the applicants may be hosted before

finalisation of the terms and conditions of the Project and further bidding process.

15.0 Purpose of the Expression of Interest (EoI):

The basic objective of this EOI is to understand the market dynamics and formulate a

project based on the inputs received from the interested parties / investors /

infrastructure developers on the project sizing, project structure, commercial

structure and the development Model.

There is also a need to seek clarity in the matter as to whether the project would have

takers for the entire parcel of the entire land through a single developer or would

need to be developed in smaller chunks of land through multiple developers.

16.0 What the Applicant has to do now

Interested applicants may download the “Invitation for Expression of Interest”

document from HSIIDC website www.hsiidc.org. They must then submit their

Page 16: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Expression of Interest in the format duly filled and signed with required enclosures in a

sealed envelope super scribed as “EOI for Development of Industrial Model Township

at Gohana, Sonipat on PPP Model” so as to reach the Managing Director, HSIIDC at

the address below on or before 1500 hours on 7th October 2014.

The Managing Director,

Haryana State Industrial & Infrastructure Development Corporation Limited,

C –13 & 14, Sector 6, Panchkula, Haryana

Tel. No.: + 91 172 2590324/ 2590475

Fax No.: + 91 172 2590352/ 2590474

E-mail: [email protected] with a copy to [email protected] and [email protected]

The applicants are advised to regularly visit the website of HSIIDC for latest updates

with regard to the EoI submission and other information.

17.0 Pre-Application Conference

A Pre-Application Conference for the interested parties is scheduled on 1200 Noon on

12th September 2014 at the following venue:

Board Room, Corporate Office,

Haryana State Industrial & Infrastructure Development Corporation Limited,

C –13 & 14, Sector 6,

Panchkula, Haryana

All interested parties may send their representatives for attending the Pre-Application

Conference along with an authority letter.

A brief presentation on the Project shall be made by HSIIDC highlighting the location

and connectivity, potential of the hinterlands, project contours, implementation

options and framework. During the course of Pre-Application conference, the

interested bidders may seek clarifications and make suggestions on project sizing,

project structure, commercial structure and the development Model for consideration

of HSIIDC.

HSIIDC shall endeavour to provide clarifications and such further information as it may,

in its sole discretion, consider appropriate for facilitating a fair, transparent and

competitive Bidding Process.

18.0 Nodal Officers for information about the EOI

For any additional information pertaining to this EOI, the following officers may be

contacted.

Shri Manoj Pal Singh

Additional General Manager,

Haryana State Industrial & Infrastructure Development Corporation Limited,

C –13 & 14, Sector 6, Panchkula, Haryana

Tel. No.: +91-172-2590481/2590482/2590483

Page 17: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Fax No.: + 91 172 2590352/ 2590474

E-mail: [email protected] with a copy to [email protected] and [email protected]

19.0 GENERAL TERMS AND CONDITIONS:

In addition to the points contained in the foregoing sections, the following terms and

conditions shall also apply:

i. The applicants are advised to visit the project site to assess the ground realities

with regard to the site and submit suitable Proposals/EoIs. All costs incurred by

Bidders/ Developers in making this offer in providing clarification or attending

discussions, conferences, or site visits, stationery cost and any other expenses

should be borne by the Bidders/Developers and will not be reimbursed by HSIIDC.

ii. Incomplete documents without necessary details shall not be considered.

iii. The language for submission of document shall be English.

iv. The enclosed Schedules should be filled in completely and wherever not

applicable it should be written as Not Applicable (NA).

v. The person signing the document submission on behalf of the bidder shall enclose

Power of Attorney duly authorized and notarized. The Power of Attorney shall be

backed by copy of the board resolution in case of Company/declaration signed by

all partners in case of Firm of the bidder in his/her favour.

vi. Financial data, project costs, value of works etc. should be given in Indian

Rupees only.

vii. For any clarification, the bidders may contact the person mentioned above at

section no. 16.

viii. HSIIDC reserve the right to accept or reject any application or suggestion without

assigning any reason.

ix. The information furnished must be sufficient to show that the applicant is

capable in all respects to successfully complete the envisaged work.

x. The document is not transferable.

xi. While submitting the schedules duly filled in, the Promoter shall enclose latest

copies of brochures and technical documentation giving more information about

the applicant.

xii. In case the applicant intends to give additional information for which specified

space in the given format is not sufficient, it can be furnished in an enclosed

sheet.

xiii. All the corrections and over writings should be signed by the applicant.

xiv. HSIIDC reserves the right to cross check and confirm the information details

furnished by the applicants in the EOI document.

xv. Subsequent process of RFQ and RFP need not remain confined only to the persons

who respond to this EOI.

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EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

xvi. It is expected that Certified True Copy of Documentary Proof/Certificates to the

satisfaction of IT Department in this regard is submitted. Chartered Accountant

certified statements will not be considered in place of Audited Annual Accounts.

xvii. Interested persons / companies/ firms who have reasonable technical experience

and financial resources in terms of size of the Project, are invited to submit their

EOI as per this format available on the web site.

xviii. For local assistance regarding site inspection, please contact the officers

mentioned in the following table:

xix. P

l

H

H

S

I

I

HSIIDC reserves the right to accept or reject any or all the offers and reserves the

right to postpone and/or cancel or short list the bidders for issue of Bid Documents

without assigning any reason whatsoever.

Place Name Designation & Address Telephone Numbers/

Fax Nos./E-Mail (Office)

Delhi Shri Salil Narang Additional General Manager (F)

C-8, Baba Kharag Singh Marg,

New Delhi

+91 11 23347680-82, +91 11 23348481

Fax : +91 11 23347688 [email protected]

Rohtak Shri O.P. Goyal DGM (IA) +91 1262 210729

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EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Formats for Submission of Expression of Interest

Page 20: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Expression of Interest (EOI) for Development of Industrial Model Township (IMT) at Gohana, Sonipat District

FORM - A

DECLARATION REGARDING ACCEPTANCE OF TERMS & CONDITIONS CONTAINED IN

THE EXPRESSION OF INTEREST (EOI) DOCUMENT

To

The Managing Director,

Haryana State Industrial & Infrastructure

Development Corporation Limited,

C –13 & 14, Sector 6,

Panchkula, Haryana

Sir,

I have carefully gone through the Terms & Conditions contained in the EOI Document

[No_________] regarding applications for Expression of Interest (EOI) from interested firms /

companies for the Development of Industrial Model Township at Gohana, Sonipat District on

PPP model. I declare that all the provisions of this EOI Document are acceptable to my

Company/ Consortium. I further certify that I am an authorised signatory of my company and

am, therefore, competent to make this declaration.

Yours truly,

Signature:

Name : ________________________________

Designation : ________________________________

Company : ________________________________

Address : ________________________________

Page 21: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Expression of Interest (EOI) for Development of Industrial Model Township (IMT) at Gohana, Sonipat District

FORM – B

DECLARATION REGARDING CLEAN TRACK RECORD

To

The Managing Director,

Haryana State Industrial & Infrastructure

Development Corporation Limited,

C –13 & 14, Sector 6,

Panchkula, Haryana

Sir,

I have carefully gone through the Terms & Conditions contained in the EOI Document

[No_________] regarding applications for Expression of Interest (EOI) from interested firms /

companies for the Development of Industrial Model Township at Gohana, Sonipat District on

PPP model.. I hereby declare that my company/ Consortium has not been debarred/black

listed by any Government / Semi Government organizations. I further certify that I am,

competent authority in my company has authorised me to make this declaration.

Yours truly,

Signature:

Name : ________________________________

Designation : ________________________________

Company : ________________________________

Address : ________________________________

Page 22: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

Expression of Interest (EOI) for Development of Industrial Model Township (IMT) at Gohana, Sonipat District

FORM – C

A. GENERAL INFORMATION (TO BE FURNISHED FOR THE SINGLE BIDDER/EACH MEMBER OF

THE CONSORTIUM SEPARATELY)

i. Name of the Firm / Company:

ii. Type of Firm / Company (Proprietary/Partnership, Private Ltd. Co. / Public Ltd. Co.

etc):

iii. Details of Main Business:

iv. Date of Incorporation/ Commencement of Business:

v. Registered Office:

vi. Postal Address:

vii. Contact / Fax / email:

viii. Details of Proprietor / Partners / Directors etc:

ix. Details of Contact Person for this EOI (Give names, office & residence addresses,

Telephone, Fax, Email etc.)

x. Details of Registration of Firms / Company etc:

(Note: Certified copy of certificates for Date of Incorporation, Commencement of

Business shall be submitted. In case of partnership Firm, Certified True copy of the

Registration Certificate shall be submitted)

Signature of Applicant (with seal)

*by a person having necessary

authorisation / power of attorney

to do so on behalf of the firm /

company etc

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EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

B. Details of Projects undertaken as developer in Public Private Partnership (PPP)

Projects

S. No.

Name of the Project with details

Client (along with contact details)

Value of the Project

Period of Execution and Date of Completion

Present Status of the Project

(Note: Documentary proof to be attached)

[Attach additional sheets if required]

Signature of Applicant (with seal)

*by a person having necessary

authorisation / power of attorney

to do so on behalf of the firm /

company etc

Page 24: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

C. Details of Industrial / Infrastructure / Commercial Projects (Other than PPP Projects)

S. No.

Name of the Project with details

Client (along with contact details)

Value of the Project

Period of Execution and Date of Completion

Present Status of the Project

(Note: Documentary proof to be attached)

[Attach additional sheets if required]

Signature of Applicant (with seal)

*by a person having necessary

authorisation / power of attorney

to do so on behalf of the firm /

company etc

Page 25: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

D. Details of Minimum Tangible Net Worth of Applicant

(Details of tangible Net Worth of the applicant, as per the audited financial results of the

preceding financial year, to be provided)

S. No. Details Figures as per Latest Audited Annual Accounts (INR Crore)

1. Share capital (excluding Preference Share Capital and Share application Money)

2. Reserves and Surpluses (Other than revaluation reserve and Intangibles)

3. Intangible Assets, Misc. expenses not written off, Losses, Amortization etc.

Net worth (1+2-3 )

Enclose Latest Audited Annual Accounts

E. Annual Turnover, Profit after Tax Statement of the last three financial years

(Annual Turnover, Profit after tax statement of the applicant for the last three financial

years to be provided, duly certified by the statutory auditor)

S. No. Financial Year Annual Revenue

(INR Crore)

Profit after Tax

(INR Crore)

Enclose Audited Annual Accounts of last three financial years

Signature of Applicant (with Seal)

*by a person having necessary

authorisation / power of attorney

to do so on behalf of the firm /

company etc

Page 26: Haryana State Industrial & Infrastructure Development ...innovest.in/documents/EoI.pdfEOI for Development Industrial Model Township at Gohana, Sonipat District on PPP model Haryana

EOI for Development Industrial Model Township at

Gohana, Sonipat District on PPP model

Haryana Industrial State Industrial & Infrastructure Development Corporation Limited

Transaction Advisor: CBRE South Asia Pvt Ltd & Innovest Advisory Services Pvt Ltd

F. Feedback for the implementation of the project and bidding process

S. No. Description Applicant’s Response

1. Whether you would be willing to anchor the development of IMT as Developer

Yes / No

(In case of Yes, please give brief details)

2. Whether you would be willing to set up the IMT as an anchor unit

Yes / No

(In case of Yes, please give brief details)

3. Would you be willing to develop the area as a sole developer or in joint venture

4. Your comments / opinion on scale (area) of the Project

5. How do you want to develop the area Single Product specific industrial area / multi product specific industrial area / SEZ etc

6. Considering the extent of area and the available resources, how much time it would take for you to develop the IMT

7. What support is expected from State Government/ HSIIDC for this project

8. Would you prefer the HSIIDC / Government to be an equity holder in the Project

Yes / No

(If Yes, then how much)

9. Provide suggestions on the bidding parameter

10. Would you be interested in participating in the bidding if this is project comes for bidding?

Yes / No

11. Preferred option for payment of land cost Upfront / Deferred with interest (specify time period)

12. Details of PPP Model to be followed (or any other model proposed)

13. Your opinion on Eligibility / Qualification Criteria

i. Minimum turnover

ii. Threshold Net Worth

iii. Similar industrial projects done in the past

iv. Other past project experience

v. Any other parameter

Note: Aforesaid table is only indicative. Interested firm / companies can use additional

sheets to substantiate their averments in detail.