Tidel Park
Encyclopedia
TIDEL Park is an information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

 (IT) park situated in the city of Chennai
Chennai
Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...

, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. The name TIDEL is a portmanteau of TIDCO and ELCOT. An ISO 9001/14001 company, it is the largest IT park in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

. It was set up in 2000 to foster the growth of information technology in the state of Tamil Nadu
Tamil Nadu
Tamil Nadu is one of the 28 states of India. Its capital and largest city is Chennai. Tamil Nadu lies in the southernmost part of the Indian Peninsula and is bordered by the union territory of Pondicherry, and the states of Kerala, Karnataka, and Andhra Pradesh...

 by the TIDEL Park Ltd, a joint venture of TIDCO
TIDCO
Tamil Nadu Industrial Development Corporation is a governmental agency in the state of Tamil Nadu, India. It is responsible for the development of industries in the state by formulating policies that help industry growth, and also by establishing Industrial Estates. It often partners with TANSIDCO...

 and ELCOT
ELCOT (Electronics Corporation of Tamil Nadu Ltd.)
The Electronics Corporation of Tamil Nadu Limited is a South Indian, public sector undertaking, established on March 21, 1977. ELCOT functions to promote, establish and run State Public Sector Enterprises for Electronic items; manage, supervise, finance, advise, assist, aid or collaborate with any...

.

Location

TIDEL Park is located on the six-lane Rajiv Gandhi Salai
Rajiv Gandhi Salai
Rajiv Gandhi Salai , previously known as Old Mahabalipuram Road or IT Corridor is a major road in suburban Chennai, India, beginning at the Madhya Kailash temple in Adyar and continuing south till Mahabalipuram, ultimately merging with the East Coast Road...

 in Taramani opposite to the Thiruvanmiyur MRTS Railway Station
Thiruvanmiyur
-Transport:The area is easily accessible by Metropolitan Transport Corporation buses and has a sprawling bus terminus. Bus Routes connecting Thiruvanmiyur with other places in Chennai are: 1, 1A, 1C, 1D, 6D, 22A, 23C Extn., 29M,29C Extn., 41C, A47, 47A, 47D, M1, M49, M7, C51, T51, M23, M19, M70,...

 and close to the Rajiv Gandhi Salai–Thiruvanmiyur West Avenue Junction, a high-density traffic junction used by about 30,000 vehicles a day.

Infrastructure

TIDEL Park is a 13-storied building, rated as the single largest IT park in the country, with two basements, ground floor, 12 upper floors and a parking ground and has a built-up area of 1280000 sq ft (118,915.9 m²) with centralised air-conditioning and an independent power supply was built by none other than Na R En . 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. 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 3,380 million, 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. 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.

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 Mbps. 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 3,200-million project cost has an equity portion of 940 million and a debt portion of 2,260 million. The Tamil Nadu government holds a preferential equity of 400 million in lieu of the land allotted for the project, while the balance 540 million 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.

Occupancy

The park currently hosts several software, telecommunications and BPO
Business process outsourcing
Business process outsourcing is a subset of outsourcing that involves the contracting of the operations and responsibilities of specific business functions to a third-party service provider. Originally, this was associated with manufacturing firms, such as Coca Cola that outsourced large segments...

 companies. Recently, it has been a venue to several unconference
Unconference
An unconference is a participant-driven meeting. The term "unconference" has been applied, or self-applied, to a wide range of gatherings that try to avoid one or more aspects of a conventional conference, such as high fees, sponsored presentations, and top-down organization...

s like Blogcamp, Barcamp
BarCamp
BarCamp is an international network of user-generated conferences . They are open, participatory workshop-events, the content of which is provided by participants. The first BarCamps focused on early-stage web applications, and were related to open source technologies, social protocols, and open...

, WikiCamp and PodWorks.

Partial list of companies:
  1. Ajuba Solutions India Pvt Ltd
  2. Tata Consultancy Services
    Tata Consultancy Services
    Tata Consultancy Services Limited is a global IT services, business solutions and outsourcing company headquartered in Mumbai, India. It is the largest provider of information technology in Asia and second largest provider of business process outsourcing services in India...

  3. Computer Associates
  4. iNautix Technologies
  5. Sify
    Sify
    Sify Technologies Limited is an Internet service provider established in 1998, based in Chennai, India.-Company profile:...

  6. Cognizant Technology Solutions
    Cognizant Technology Solutions
    Cognizant Technology Solutions Corp. is an American global provider of custom information technology, consulting and business process outsourcing services. Its headquartered in Teaneck, New Jersey, United States and is a member of NASDAQ-100, the S&P 500 and Fortune 500...

  7. HCL Technologies
    HCL Technologies
    HCL Technologies Limited is a leading global IT services company headquartered in Noida, India. It is primarily engaged in providing a range of software services, business process outsourcing and infrastructure services. HCL Technologies is fourth largest IT company in India and is ranked 48 in...

  8. Kumaran Systems
  9. Telcordia Technologies India Pvt Ltd
  10. AGS Health
  11. Electronic Data Systems
    Electronic Data Systems
    HP Enterprise Services is the global business and technology services division of Hewlett Packard's HP Enterprise Business strategic business unit. It was formed by the combination of HP's legacy services consulting and outsourcing business and the integration of acquired Electronic Data Systems,...

  12. Tenneco India Engineering & Shared Services Pvt Ltd (TIESS)
  13. Anantara Solutions Pvt Ltd
    Anantara Solutions Pvt Ltd
    Anantara Solutions Private Limited is an outsourcing company with headquarters in Chennai. The company has offices in United States, Europe, Singapore and India. Anantara means "the continuum" in Sanskrit. The company was ranked among the top 10 start-ups to watch in 2008 by Mint...

  14. Trimble Navigation Pvt Ltd
  15. Financial software and Systems Pvt Ltd
  16. Quscient Technologies Pvt Ltd
  17. California Software Co Ltd (Calsoft, Chennai)
  18. Cisco Systems
  19. Pride Technologies
  20. Wabco TVS
  21. Sutherland Global Services
  22. Scio Management Solutions Pvt Ltd

TIDEL Park 2

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.

TIDEL Park 3

TIDEL Park 3 is jointly promoted by TIDEL Park Ltd, TRIL and IHCL. This project includes a five-star hotel, convention center and residential apartments apart from the IT park.

TIDEL Park, Coimbatore

In 2010, the TIDEL Park, Coimbatore
Coimbatore
Coimbatore , also known as Kovai , is the second largest city in the Indian state of Tamil Nadu. It is a major commercial centre in Tamil Nadu and is known as the "Manchester of South India"....

was built at a cost of 3,800 million 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 on Avinashi road, adjoining the Coimbatore Medical College campus, in the special economic zone at Vilankurichi. With a built-up area of 1.7 million sq ft, the Tidel Park, Coimbatore 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 three floors and the office space is available from smallest module of 5000 sq ft up to 200,000 sq ft with back up power from 5 × 2000 KVA DG sets.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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