BackBoA to consider 19 SEZ proposals tomorrow
BoA to consider 19 SEZ proposals tomorrow
Premium
PTI
New Delhi: The Centre will take up 19 SEZ proposals on 18 September, including induction of co-developers in Mukesh-Ambani promoted Navi Mumbai SEZ and projects planned by DLF and TCS.
Navi Mumbai special economic zone has sought government approval to include seven co-developers for building infrastructure such as water and power supply.
These companies will invest Rs6,000 crore in setting up power plants, creating transmission and distribution network, laying communication lines, providing water supply and sewage treatment, building industrial parks, schools, commercial and residential complex, and establishing Internet and related services, official sources said.
Three proposals including 73 hectares of land, pertaining to the Navi Mumbai SEZ, would be taken up at the meeting of the Board of Approval, headed by Commerce Secretary G K Pillai tomorrow.
Besides, Mundra Port and SEZ Ltd’s proposal for a 1,074- hectare multi-product zone in Gujarat, TCS’ 10-hectare IT zone and Jindal Worldwide’s 101-hectare textile zone in the state are also listed for the BoA.
DLF proposes to set up a 10-hectare IT zone in Noida. IT zones by Falcon Commercial Developers and Unitech Hitech Projects, both in Noida, are also on the BoA’s agenda.
So far, government has given formal approval to 381 zones, and in-principle nod to 183. It has notified 142 zones.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
