GANDHINAGAR: Three new special economic zones (SEZs) have been proposed in Gujarat after a gap of almost two years, even as several developers are dropping their proposals.
The Gujarat industry & mines department has given in principle clearance to the proposals worth Rs 483 crore and will soon propose it to the Government of India's
SEZ Approval Board.
Essar group-owned Vadinar Oil Terminal Limited has proposed a sector specific FTWZ (free trade and warehousing zones) on 47 hectares of land at Vadinar in Khambhaliya taluka of Jamanagar with an investment of Rs 156 crore.
United Liner Agencies of India Pvt Ltd has proposed an SEZ FTWZ at Bharapar in Gandhidham taluka of Kutch. The company plans development on 54.5 hectares of land with an investment of Rs 207 crore. The company has 29 hectares of land and has demanded additional land from the state revenue department.
The third proposal is from Intermarket(India) Pvt Ltd for a sector specific Textile SEZ at Vatra block in Khambhat in Anand. The developer has proposed to invest around Rs 120 crore. The promoter possesses half of the land from required 50 hectares and negotiating for the remaining land from private owners.
Kutch-based OPG Power Gujarat Pvt Ltd has also applied for change of sector specific power sector to engineering sector and also reduce the SEZ size from 104.72.24 hectares to 55.24 hectares.
Ahmedabad-based City Gold Realities Pvt Ltd has also applied for denotification of their IT/ITES SEZ proposed at Sanathal in Sanand on 10.51 hectares of land.
Another Ahmedabad reality major N G Reality Pvt Ltd has also applied for denotification of its 217-hectare engineering SEZ at Bavla and Sanand on the outskirts of Ahmedabad.
At present, there are 57 SEZs in Gujarat, of which three are functional SEZs before enactment of Act, 12 are notified and functional SEZs, 17 are notified SEZs, 11 are formally approved SEZ projects and 14 have in principle approval projects. Around eight SEZs have applied or got approval for denotifiation or reduction in size or sector change.
Proposed investment by the developer as well as units in SEZs in Gujarat (May 2013) are Rs 31433.56 crore, proposed employment is Rs 21.66 lakh and proposed area is 36869 hectares.
Source : timesofindia.indiatimes.com