Even as the Board of Approval on Friday gave its nod to 14 proposed special economic zones (SEZs), government officials said that one Reliance [ Get Quote ] Anil Dhirubhai Ambani [ Images ] Group (R-ADAG) proposed zone at Noida was unlikely to see the light of day.
The board formally approved 10 SEZs, including a 16 hectare IT zone of Tata Consultancy Services [ Get Quote ] in Kolkata [ Images ], Saloni Business Park Private Ltd's 27.5 hectare biotech zone in Thane and a 4.77 hectare electronic hardware and IT zone in Raigad, proposed by Modern India [ Get Quote ] Property Developer.
The board also gave in-principle approval to four zones, including two promoted by Singapore-based property developer Ascendas in Tamil Nadu. While one of these is a 1,000 hectare multi-product zone to be developed by Sengadu Projects Pvt Ltd.
Sources said SEZs to be developed by DLF and Unitech Hitech in Uttar Pradesh [ Images ] were deferred since the promoters did not have land in possession. Adani Group's 1,000 hectare multi-product zone at Mundra in Gujarat was also given in-principle approval.
Meanwhile, R-ADAG's plan to develop an SEZ in Noida has suffered a setback as the Uttar Pradesh government has refused to give its nod to the project.
"Uttar Pradesh has said no to the proposal. As a result, the project has gone for a six," said government officials.
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