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Saturday, October 27, 2007

Ten new SEZs cleared, BoA yet to decide on DLF

VILLUPURAM: NEW DELHI: The Centre on Friday cleared 10 new Special Economic Zones (SEZs), including an information technology and IT-enabled services (ITeS) SEZ of Tata Consultancy Services in West Bengal. It also gave in-principle approvals to three SEZs, including two in Tamil Nadu.

Eight SEZs of IT and ITeS sectors were given final approval, while one each of biotechnology and warehousing sectors were also cleared. TCS will construct its IT SEZ in 16 hectares in Kolkata, while another IT SEZ by Bengal Shristi Infrastructure Development Limited will come up at Asansol. Similarly, Rakindo Kova Township Pvt. Ltd. will construct an IT SEZ at Coimbatore in Tamil Nadu. Other IT SEZs will come up at Indore (Madhya Pradesh) by Malwa IT Park Ltd., at Bangalore (Karnataka) by Gopalan Enterprises, at Noida (Uttar Pradesh) by Perfect IT SEZ Pvt. Ltd. and at Gandhinagar (Gujarat) by Calica Construction Impex Pvt. Ltd.

Final clearance


Two other SEZs that were given final clearances are a free trade warehousing zone SEZ spread over 136 hectares by Jafza Chennai Business Parks Pvt. Ltd. at Thiruvallur in Tamil Nadu and a biotechnology SEZ by Saloni Business Park Pvt. Ltd. at Thane in Maharashtra.

The Centre also gave an in-principle approval to a multi-product SEZ in 2,245 hectares at Thane in Maharashtra which will be developed by Privilege Power and Infrastructure Pvt. Ltd. Similarly, two more in-principle approvals were given to two SEZs in Tamil Nadu — a 1,000-hectare multi-product SEZ of Sengadu Projects Pvt. Ltd. at Villupuram, and a 100-hectare electronics and electrical products SEZ of Sriperumbudur Ventures Pvt. Ltd. at Thirvallur and Kancheepuram districts.

However, the Board of Approval (BoA) of SEZ did not take any decision on DLF and Unitech Hitech projects in Noida as its promoters did not have the land in possession. So far, the Government has granted formal clearance to 395 SEZs, of which 156 have been notified and an investment of Rs. 50,906 crore has already taken place in these zones.

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