Even as the Board of Approval gave its nod to 14 proposed special economic zones (SEZs), government officials said that one Reliance Anil Dhirubhai Ambani Group (R-ADAG) proposed zone at Noida was unlikely to see the light of day. |
The board today formally approved 10 SEZs, including a 16 hectare IT zone of Tata Consultancy Services in Kolkata, Saloni Business Park Private Ltd's 27.5 hectare biotech zone in Thane and a 4.77 hectare electronic hardware and IT zone in Raigad, proposed by Modern India Property Developer. |
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The board also gave in-principle approval to four zones, including two promoted by Singapore-based property developer Ascendas in Tamil Nadu. While one of these is a 1,000 hectare multi-product zone to be developed by Sengadu Projects Pvt Ltd. |
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Sources said SEZs to be developed by DLF and Unitech Hitech in Uttar Pradesh were deferred since the promoters did not have land in possession. Adani Group's 1,000 hectare multi-product zone at Mundra in Gujarat was also given in-principle approval. |
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Meanwhile, R-ADAG's plan to develop an SEZ in Noida has suffered a setback as the Uttar Pradesh government has refused to give its nod to the project. |
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"Uttar Pradesh has said no to the proposal. As a result, the project has gone for a six," said government officials. |
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