BoA clears 30 notified SEZs

TIMES NEWS NETWORK[ MONDAY, FEBRUARY 05, 2007 03:17:19 AM]

NEW DELHI: The board of approval (BoA) on special economic zones (SEZs)
has accorded co-developer status to a number of developers of notified
SEZs including Motorola and Foxconn, Mahindras and Ascendas and Petronet
LNG and Cochin Port Trust. In a meeting recently, the BoA also approved
authorised operations of 30 notified SEZs.

Although the empowered group of ministers (eGoM) on SEZs had frozen
fresh approvals of SEZs as well as notifications of approved SEZs in its
meeting last week, the commerce department had managed to get its
permission to hold BoA meetings to give required clearances to the 63
notified SEZs.

Notified SEZs cannot start operations till their authorised operations
are approved by the BoA. SEZs being developed by more than one developer
need to get a co-developer status from the BoA. In the meeting of the
BoA, co-developer status was accorded to Motorola India and Foxconn
India Developer for the SIPCOT SEZ at Sriperumbadur, Chennai. Authorised
operations in respect of these co-developers were also approved.

Co-developer status was also granted to the three co-developers in the
Mahindra world city SEZ in Chennai, including Mahindra Integrated
Township, Mahindra Holiday Resorts and Ascendas Mahindra IT Park Private.

Petronet LNG was approved as a co-developer in Cochin Port Trust while
Integrated Warehousing Kandla Project Development Private Ltd was given
co-developer status for a free trade warehousing zone in Kandla SEZ.

Others to get co-developer status include Leela Lace Holdings Pvt Ltd as
co-developer in Info Park SEZ at Kochi and DLF Assets Pvt Ltd as
co-developer in the DLF Info City Developers (Chennai), IT/ITES SEZ in
Ramapuram, Chennai . IT and ITES SEZs which got clearances for
authorised operations include HCL Technologies Ltd at Noida, Quarkcity
India Pvt Ltd at Mohali, Wipro Ltd in Pune, M L Dalmiya and Co Ltd at
Kolkata, Ansal IT City and Parks Ltd at Greater Noida and Satyam
Computers Services Ltd at Bahadurpally Village, Andhra Pradesh

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