Tata Steel is the anchor tenant for the multi-product SEZ coming up at Gopalpur in south Odisha
The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra, Gujarat, say analysts
The Centre has given environment clearance to a Rs 114 crore project that seeks to set up a multi-product special economic zone (SEZ) in Nellore district, Andhra Pradesh. Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) will develop the proposed SEZ project in 1,032.27 hectare at Naidupet in Nellore. The project will provide direct and indirect jobs to 40,000 people. "Based on the recommendations of the Expert Appraisal Committee (EAC), the Environment Ministry has given clearance to the project 'Multi product SEZ' at Naidupeta by APIIC Ltd," a senior Environment Ministry said. The green clearance has been given subject to certain conditions to be complied during construction and operational phases of the project, the official added. Around 20 industrial units are proposed in this SEZ. Some industrial units have already purchased the land, where as other units are to be identified. Among the conditions specified, APIIC has been asked to ensure that
The guidelines for generation, transmission and distribution of power in SEZ were initially announced in February 2009 and were revised subsequently in 2012