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Board of Approval

SEZ approvals of Hindalco, Essar, Adani might be cancelled by the government

SEZ approvals of Hindalco, Essar, Adani might be cancelled by the government
Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani. This approval was given to these companies for setting up of special economic zones (SEZ); however no work has been done to execute the projects. The Development Commissioners (DC) have recommended to the Board of Approval [...] Continue Reading »

BoA to cancel formal approvals for 27 SEZs

BoA to cancel formal approvals for 27 SEZs
The board of approval (BoA) for the special economic zones (SEZs) has decided to cancel all formal approvals that had been given to the 27 of these zones, including those which was proposed to be developed by the Reliance Infocom Infrastructure, Emaar MGF Land and Sail, after noting that the progress that has been made [...] Continue Reading »

Govt approvals to 27 SEZs cancelled; 18 SEZs get more time to execute projects

Govt approvals to 27 SEZs cancelled; 18 SEZs get more time to execute projects
During the course of a July 24 meeting, the inter-ministerial Board of Approval (BoA) of the Union Government had reached a decision with regard to the cancellation of its approvals to 27 Special Economic Zones (SEZs), while giving 18 SEZs some more time to execute their projects. The SEZs whose approvals have been cancelled by [...] Continue Reading »

‘Formal approval’ granted to 43 SEZ developers may be cancelled

‘Formal approval’ granted to 43 SEZ developers may be cancelled
According to a recommendation of the Development Commissioners of Special Economic Zones (SEZs), the ‘formal approval’ granted to 43 SEZ developers should be cancelled. The SEZ developers whose approvals may be cancelled include the likes of Reliance Infocom Infrastructure, Emaar MGF Land Ltd., GVK Perambalur SEZ, Essel Infraprojects, Jindal Photo Ltd, Deccan Infrastructure and Land [...] Continue Reading »

Over 50 SEZ developers seek more time to complete projects

Over 50 SEZ developers seek more time to complete projects
More than 50 Special Economic Zones (SEZ) developers, including Dr Reddy’s Laboratories, Vedanta Aluminium and Tata Consultancy Services have asked the government to grant them some more time to implement their projects. The requests are to be considered by the Board of Approval (BoA), headed by Commerce Secretary Rajeev Kher, on March 10. Other developers seeking additional [...] Continue Reading »



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