Business Daily from THE HINDU group of publications
Thursday, May 10, 2007
ePaper

Clasic Farm

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Infrastructure
Government - Policy
Web Extras - Economy
16 SEZ proposals get formal approval

Our Bureau


MR GOPAL K. PILLAI

New Delhi May 9 The board of approval for SEZs today deferred a decision on giving formal clearance to the Reliance-promoted Navi Mumbai SEZ Pvt Ltd for a multi-product SEZ spread over 1,250 hectares in Maharashtra, while granting formal approvals to 16 proposals out of 23 cases it considered.

TIDCO proposals

Notable among them were proposals for a multi-product SEZ from Tamil Nadu Industrial Development Corporation (TIDCO) in Ennore over 1,214 hectares and a similar one in Nanguneri over 1,020 hectares.

The board, headed by the Commerce Secretary, Mr Gopal K. Pillai, also formalised two proposals from New Chennai Township Private Ltd for the engineering sector over 126.26 hectares and for a multi-services zone over 121.41 hectares in Cheyyur taluk in Tamil Nadu.

Clarifications

Mr Pillai told Business Line that some board members sought a few clarifications on the Navi Mumbai SEZ proposal.

Once they get the response from the developer, the board will consider it.

Two other proposals from Tamil Nadu that got formal clearance were from Velankanni Information Systems Pvt Ltd for an IT/ITeS zone and J. Matadee Eco Parks in Kanchipuram.

Suzlon Infrastructure got the nod for an SEZ for port-based hi-tech engineering products and related services near Mangalore port and a similar one in Vadodara.

Two other Gujarat-based SEZ proposals that got clearance were NC Realty Pvt Ltd for industrial machinery and ancillaries and Jayant Oil and Derivatives Ltd in Bharuch for chemicals.

Orissa got formal clearance for two major SEZs - Vedanta Alumina for aluminium and an IT/ITeS SEZ by DLF.

From West Bengal, three plans were cleared - Unitech's proposal for IT/ITeS zone and proposals from Enfield Infrastructure and Enfield Realtors for IT/ITeS and biotechnology SEZs respectively.

Officials said that apart from grant of formal approval to 16 cases, the board approved other miscellaneous pleas pertaining to notified SEZs on authorised activities such as construction of compound walls and other works they could undertake.

With today's grant, the total number of formal approvals has gone up to 250, spread across 17 States and two Union Territories.

Out of these 250 approvals, notifications have been issued to 101.

Related Stories:
CPI(M) wants ceiling on SEZs to be reviewed
Govt may go slow on SEZs
SEZ Rules amended for procedural simplification

More Stories on : Infrastructure | Policy | Economy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Hiring

Stories in this Section
Trough of low over southeast Arabian Sea


Tatas concerned over allowing foreign players for 3G
Vodafone completes Hutch buy
C-DOT hangs up on 3G
Centre owes fertiliser cos Rs 11,640 crore as subsidy
Govt, software industry worried over rising rupee
16 SEZ proposals get formal approval
ONGC Videsh strikes gas in Iran's Farsi block
36 bids received for Govt's stake in Maruti
Overseas investments: Banks may soon offer niche products
BNP arm buys 49.9% stake in Sundaram Home Finance
Citibank ties up with SKS Microfinance


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line