The inter-ministerial Board of Approval for Special Economic Zones (SEZs) today formally cleared 26 proposals and gave in-principle clearance to another six. |
The board deferred a decision on seven proposals, of which three "" DLF's infotech SEZ, Falcon and Perfect "" are for Uttar Pradesh where the new state government is reviewing all SEZ proposals. |
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Among the major zones to receive formal approval, which is the last stage before an SEZ is notified, is Reliance Industries's 440-hectare multi-service zone at Gurgaon, Haryana. With this, RIL has received formal clearance for two of the five SEZs it proposes to set up. |
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The 2,850-hectare Rewas Ports Ltd zone, in which companies owned by RIL Chairman Mukesh Ambani and close associate Anil Jain have a 51 per cent stake, was given in-principle approval, the second-last stage in the approval process. BIG-TICKET CLEARANCES | Formal Approvals | Developer | State | Area (hectare) | Reliance SEZ | Haryana | 440 | Indiabulls Infrastructure | Maharashtra | 1214 | GMR Infrastructure | Andhra Pradesh | 101.2 | Satyavedu Reserve Infracity | Andhra Pradesh | 1023 | In-Principle Approvals | DLF | West Bengal | 100 | Rewas Ports Ltd | Maharashtra | 2,850 | Indiabulls Builders Ltd | Maharashtra | 2,429 | |
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A commerce ministry official said the Rewas SEZ would be considered for formal approval as soon it gets possession of land. |
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"The Rewas zone is significant because that is where the Delhi-Mumbai industry corridor will terminate," the official said. |
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Around 200 freight trains are expected to ply through the railway corridor between Dadri and Rewas. |
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Another significant zone approved formally is GMR Infrastructure's 101-hectare SEZ, which will be linked to the airport that the company is constructing in Hyderabad. |
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The board also formally cleared VGTM Urban Development Authority's 16-hectare infotech services based zone at Guntur, the first SEZ to be developed by a municipal body. |
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In-principle clearances "" given to SEZs that have not acquired land "" were given to Gitanjali Gems's two zones at Nanded and Nashik, PSL Ltd's 105-hectare zone at Amreli, Gujarat, dedicated to alternative energy and DLF's textile-based 100-hectare zone at Dankuni in West Bengal. |
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