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Wednesday, May 27, 2009

IT SEZ Updates: 27/05/09

 

DLF, MUNDRA SEZ PLANS TO BE REVIEWED
New Delhi
The Economic Times  The Financial Express  The Hindu  

The board of approval for special economic zones (SEZs) is scheduled to meet on June 2 to take up a host of cases, including Adani group’s proposal to double its power generation capacity at Mundra port SEZ in Gujarat, DLF’s proposal to de-notify four of its SEZs and several proposals to set up SEZs.

As per the agenda, 21 requests for extension of validity of formal approvals made by companies—including NIIT, HCL, L&T and Orientcraft, which had been considered and granted extension for one year while the BoA was not meeting— would be considered for formal clearance. The BoA will take up 19 proposals for setting up SEZs, three of them fresh and sixteen of them deferred in earlier meetings.

Besides these, proposals related to requests for authorised operations and appointment of co-developers will also be taken up.



 
Disclaimer This Blog aggregates the news from various sources related to IT Industry, SEZ and Commercial Real Estate. All the sources are duly credited.