The Board of Approval of the Special Economic Zones (SEZs) considered even proposals for setting up new SEZs. The Board recommended grant of two formal approvals and one In-Principle approval. Formal approvals were granted to the Bangalore IT-ITES SEZ of Brooke Bond Real Estates Pvt. Ltd. and Shimoga ITES SEZ of Karnataka State Electronics Development Corporation Ltd. In-Principle approval was given to the Cuttak-based Solar SEZ of Lanco Solar Pvt. Ltd. at village Ramdaspur. Among other items, nine proposals for grant of co-developer status were also approved. The BoA decide to enlarge the list of default operations and also decided to authorise the Unit Approval Committee to approve the default operations. A notification in this regard is being issued separately.
Monday, August 17, 2009
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