TIOL-DDT 2449 · Wednesday, 1 October 2014 · story 4 of 7

Board of Approval for SEZs Cancels Approvals

THE Board of Approval for Special Economic Zones (SEZ) headed by the Commerce Secretary has cancelled the approval/notification/co-developer status to 9 SEZ developers. The Board noted that the progress made by these developers/co-developers is not satisfactory.

This is subject to the Development Commissioner furnishing a certificate in the prescribed format certifying that the developer has not availed any tax/duty benefits under SEZ Act/Rules or has refunded any such benefits availed by it and subject to the State Govt. furnishing its no objection certificate to the proposal.

Sr. No.

Name of the Developer/co-developer

Sector

Date of formal approval

Zone

1.

M/s. Hindalco Industries Ltd. (Sambalpur, Odisha)

Aluminium product

30.07.2007

FSEZ

2.

M/s. Essar Jamnagar SEZ Ltd. (Jamnagar, Gujarat)

Multi Product

21.08.2006

KASEZ

3.

M/s. Asia Pacific Corporation Ltd.?(Village Bhimsar, Taluka Anjar, Dist. Kutch Gujarat)

Polymer based

07.01.2008

KASEZ

4.

M/s. Adani Townships & Real Estate Company Pvt. Ltd. (Village Dantali, SG Highway, Ahmedabad, Gujarat)

IT/ITES

12.06.2007

KASEZ

5.

M/s. Gaurinandan Property Holders Pvt. Ltd. (Village Badarabad Taluka Daskaroi, Dist. Ahmedabad, Gujarat)

IT/ITES

21.11.2008

KASEZ

6.

M/s. Gujarat Industrial Development Corporation (Jhagadia Bharuch, Gujarat)

Ceramic and Glass Industry

21.08.2006

KASEZ

7.

M/s. Integrated Warehousing Kandla Project Development Pvt. Ltd.- Co-developer in Kandla SEZ

FTWZ

15.02.2007

KASEZ

8.

M/s. Chennai Business Park Pvt. Ltd. (Madhuranthagam Taluka, Kanchipuram District, Tamil Nadu)

IT/ITES

19.06.2007

KASZ

9.

M/s. Viraj Profiles Ltd.?(Village Amgaon, Taluka Wada, Dist. Thane, Maharashtra

Stainless Steel Engineering Products

21.08.2006

SEEPZ