TIDEL Park

For the IT Park in Coimbatore, see TIDEL Park, Coimbatore.
TIDEL Park

The TIDEL Park, one of the largest IT park in Asia
General information
Type Information Technology Park
Location Taramani, Chennai, India
Address 4, Rajiv Gandhi Salai, Taramani, Chennai, Tamil Nadu 600 113, India
Construction started 1999
Completed 2000
Inaugurated 4 July 2000
Cost ₹ 338 crore
Owner TIDEL Park Ltd
Height
Roof 51.68 m (169.6 ft)[1]
Top floor 12
Technical details
Floor count 13
Floor area 1,280,000 sq ft (119,000 m2)
Lifts/elevators 19[1]
Design and construction
Architect C N Raghavendran (CRN Architects)
Developer TIDCO and ELCOT
Main contractor Hyundai Engineering Company
References
[2]

Coordinates: 12°59′23″N 80°14′55″E / 12.9896946°N 80.2487258°E / 12.9896946; 80.2487258

Entrance of the TIDEL Park
Tidel Park and ELNET on Rajiv Gandhi Salai
Panorama of the TIDEL Junction

TIDEL Park is an information technology (IT) park situated in the city of Chennai, India. The name TIDEL is a portmanteau of TIDCO and ELCOT. An ISO 9001/14001 company, it is one of the largest IT parks in Asia. It was set up in 2000 to foster the growth of information technology in the state of Tamil Nadu by the TIDEL Park Ltd, a joint venture of TIDCO and ELCOT.

Location

TIDEL Park is located on the six-lane Rajiv Gandhi Salai in Taramani opposite to the Thiruvanmiyur MRTS Railway Station and close to the Rajiv Gandhi Salai–Thiruvanmiyur West Avenue Junction, a high-density traffic junction used by about 30,000 vehicles a day.[3]

The building

Infrastructure

TIDEL Park is a 13-storied building, rated as the single largest IT park in the country,[4] with two basements, ground floor, 12 upper floors and a parking ground and has a built-up area of 1,280,000 sq ft (119,000 m2) with centralised air-conditioning and an independent power supply. Built on a land covering 8 acres, the building has a 650-seat auditorium, a 130-seat conference hall, a 16,000 sq ft multi-cuisine food court and space to park 4,000 two-wheelers and 1,200 cars.[4] The building has 19 elevators and 2 escalators.[1] The ground floor and the first floor houses common facilities such as restaurant, banks, shops, health clubs, auditoriums, business centre and department stores. The ground floor consists of the auditorium, TIDEL administrative office, food court, banks and Bharath Sanchar Nigam Limited (BSNL) and Videsh Sanchar Nigam Limited (VSNL) offices. Built at a cost of ₹ 338 crore, the park provides network connectivity with direct satellite uplink. The building was designed by C N Raghavendran and was commissioned on 4 July 2000 built in a time of 15 months from the date of commencement of its construction. It has the world's 3rd largest TES systems for ACMV. For the first time in the country, a thermal energy storage system for air-conditioning was used in the building. An integrated building management system was also incorporated to take care of safety and security.[5] The design of the building provides office space of various sizes ranging from a small office of 4,500 sq ft to a whole floor of 90,000 sq ft on any floor.[6]

VSNL, DoT and STPI have provided exclusive support services to the park. Two dedicated communication backbones created with TIDEL for operation by VSNL and STPI have been provided. Each office module has facility for a bandwidth of 10-12 Mbit/s. The Tamil Nadu Electricity Board (TNEB) has set up an exclusive 110 kV sub-station. The facility has been provided a 10.5 MVA diesel genset for full back-up requirement.

Finance

The ₹ 320 crore project cost has an equity portion of ₹ 94 crore and a debt portion of ₹ 226 crore. The Tamil Nadu government holds a preferential equity of ₹ 40 crore in lieu of the land allotted for the project, while the balance ₹ 54 crore equity has been split between TIDCO, ELCOT, the EPC contractor, banks, insurance companies and financial institutions. The project has a debt-equity ratio of 2.4:1, with the debt portion having a government guarantee.[7]

Occupancy

The park currently hosts several software, telecommunications and BPO companies. Recently, it has been a venue to several unconferences like Blogcamp, Barcamp, WikiCamp and PodWorks.

Partial list of companies:

  1. OneGlobe Systems LLP
  2. OrangeScape Technologies Limited
  3. Pointel Solutions India Pvt Ltd
  4. Tata Consultancy Services
  5. Ericsson
  6. Sify Technologies Ltd
  7. Anantara Solutions Pvt Ltd
  8. Trimble Information Technologies Pvt Ltd
  9. Cisco Systems
  10. Williams Lea
  11. Centre for Development of Advanced Computing (CDAC) R&D
  12. State Bank of India
  13. Canara Bank
  14. India Post
  15. National Informatics Centre
  16. Urjanet Energy Solution
  17. Data telesis
  18. Softsquare Solutions
  19. Payoda Technologies

Future developments

TIDEL Park 0

'TIDEL Park 2' is jointly promoted by TIDEL Park Ltd and DLF. It is to be built adjacent to Institute of Road Transport Technology in Taramani. The site has an MRTS line passing through it. DLF has walked out of the project citing delay in getting approvals for IT SEZ, it has been rumoured that the company has requested the Tamil Nadu government to refund the ₹ 700 Crore. it had deposited for the Project[8]

TIDEL Park 3 Pattabiram-Avadi

Tidel Park III is likely to come up on more than 45 acres of land in Pattabiram, west of Chennai, This project includes a five-star hotel, convention centre and residential flats apart from the IT park. Owned by the state government, the 45 acres of land is on the Chennai-Tiruvallur road and within easy access of suburban railway line and arterial roads, said government officials.[9]

TIDEL Park, Coimbatore

In 2010, the Tidel Park Coimbatore was built at a cost of ₹ 380 crore as a joint initiative of the Tamil Nadu Industrial Development Corporation, Electronics Corporation of India, Software Technology Parks of India and TIDEL Park, Chennai. The park was built on a 9.5 acre plot in ELCOT SEZ, near arterial Avinashi road behind the Coimbatore Medical College in Peelamedu and 4 kilometres (2.5 mi) from Coimbatore International Airport. .[10] The Tidel Park, Coimbatore has built-up area of 1,713,000 sq ft and is expected to provide employment to 12,000 IT and ITES professionals. Conceived in August 2006, foundation stone for the Park was laid in February 2007, but the evacuation work began only in November 2007 and the civil works contract was awarded only in September 2008. The park has 3 underground + 4 floors and the office space is available from smallest module of 5000 sq ft up to 2,00,000 sq ft with back up power from 5 × 2000 kVA DG sets.[11]

References

  1. 1 2 3 "Tidel Park". Emporis.com. Retrieved 18 Dec 2011.
  2. ↑ TIDEL Park at Emporis
  3. ↑ Lakshmi, K. (30 June 2011). "Relief in sight near Tidel Park". The Hindu. Chennai: The Hindu. Retrieved 26 Oct 2011.
  4. 1 2 TNN. "Tidel Park cuts rental by 13% Chennaitimesofindia.indiatimes.com/2010-04-29/chennai/28142912_1_sq-ft-tidel-park-office-space-rentals".
  5. ↑ Krithika Reddy, T. (25 April 2011). "Architect of change". The Hindu. Chennai: The Hindu. Retrieved 25 Oct 2011.
  6. ↑ "Chennai Tidel Park to float global tender for O&M". Business Line. Chennai: The Hindu. 3 April 2000. Retrieved 26 Oct 2011.
  7. ↑ "Chennai’s Tidel Park to be ready by 2000". The Economic Times. CSCS. 10 February 1999. Retrieved 26 Oct 2011.
  8. ↑ TNN (18 December 2003). "Ascendas-Tidco's Tidel Park-II project finally set to take off". The Economic Times. Chennai. Retrieved 26 Oct 2011.
  9. ↑ PTI (28 Sep 2016). "TN to set up TIDEL-III Park Pattabiram-Avadi". Times of India. The Times Group. Retrieved 28 Sep 2016.
  10. ↑ Pradeep Kumar Singh (19 July 2011). "One more firm takes space at the TIDEL Park". The Times of India. Chennai: The Times Group. Retrieved 26 Oct 2011.
  11. ↑ Sujatha, S. (2 March 2009). "Tidel Park Coimbatore to start functioning from Jan 2010". The Economic Times. Chennai: The Times Group. Retrieved 26 Oct 2011.
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