Supplementary Agenda for the 101st meeting of the BoA scheduled to be held on 27.11.2020

No. K-43014(22)/30/2020-SEZ Government of India Ministry of Commerce and Industry Department of Commerce (SEZ Section)

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Udyog Bhawan, New Delhi Dated the 20" November, 2020

OFFICE MEMORANDUM

Subject: 101%' Meeting of the Board of Approval (BoA) for Special Economic Zones (SEZs) scheduled to be held on 27" November, 2020 at 11.00 A.Min Room No. 141 - forwarding of Supplementary Agenda thereof — Reg.

In continuation to this Department’s O.M. of even number dated 29.10.2020 and 18.11.2020 on the above mentioned subject, the undersigned is directed to enclose herewith the Supplementary Agenda for the 101‘ meeting of the BoA for SEZs scheduled to be held on 27" November, 2020 at 11:00 A.M. for information and necessary action. The supplementary agenda has also been hosted on the website: www.sezindia.goy.in. 2. The addressees are requested to make it convenient to attend the meeting through Video Conferencing and shall provide their IP address and location details. A weblink for the meeting shall be shared by this Department shortly. ( AA\\ >

(Sumit Kumar Sachan) Under Secretary to the Government of India Tel: 2306 2496 Email: sumit.sachan@nic.in

To

1. Central Board ofExcise and Customs, Member (Customs), Department of Revenue, North Block, New Delhi. (Fax: 23092628).

2. Central Board of Direct Taxes, Member (IT), Department ofRevenue, North Block, New Delhi. (Telefax: 23092107).

3. Joint Secretary, Ministry of Finance, Department of Financial Services, Banking Division, Jeevan Deep Building, New Delhi (Fax: 23344462/23366797).

4. Shri Anil Agarwal, Joint Secretary, Department of Promotion of Industry and Internal Trade (DPIIT), Udyog Bhawan, New Delhi.

5. Joint Secretary, Ministry of Shipping, Transport Bhawan, New Delhi.

6. Joint Secretary (E), Ministry of Petroleum and Natural Gas, Shastri Bhawan, New Delhi

7. Joint Secretary, Ministry of Agriculture, Plant Protection, Krishi Bhawan, New Delhi. 8. Ministry of Science and Technology, Sc ‘G’ & Head (TDT), Technology Bhavan, Mehrauli Road, New Delhi. (Telefax: 26862512)

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9. Joint Secretary, Department of Biotechnology, Ministry of Science and Technology, 7" Floor, Block 2, CGO Complex, Lodhi Road, New Delhi - 110 003.

10. Additional Secretary and Development Commissioner (Micro, Small and Medium Enterprises Scale Industry), Room No. 701, Nirman Bhavan, New Delhi (Fax: 23062315).

• . 11. Secretary, Departmentof Electronics & Information Technology, Electronics Niketan, 6, CGO Complex, New Delhi. (Fax: 24363101)

• 12. Joint Secretary (IS-I), Ministry of Home Affairs, North Block, New Delhi (Fax: 23092569)

  13. Joint Secretary (C&W), Ministry of Defence, Fax: 23015444, South Block, New Delhi.

• 12. Joint Secretary (IS-I), Ministry of Home Affairs, North Block, New Delhi (Fax: 23092569)

  13. Joint Secretary (C&W), Ministry of Defence, Fax: 23015444, South Block, New Delhi.

  14. Joint Secretary, Ministry of Environment and Forests, Pariyavaran Bhavan, CGO Complex, New Delhi — 110003 (Fax: 24363577)

  15. Joint Secretary & Legislative Counsel, Legislative Department, M/o Law & Justice, A-

  16. Wing, Shastri Bhavan, New Delhi. (Tel: 23387095). Department of Legal Affairs (Shri Hemant Kumar, Assistant Legal Adviser), M/o Law & Justice, New Delhi.

  17. Secretary, Department of Chemicals & Petrochemicals, Shastri Bhawan, New Delhi 18. Joint Secretary, Ministry of Overseas Indian Affairs, Akbar Bhawan, Chanakyapuri, New Delhi. (Fax: 24674140)

  18. Chief Planner, Department of Urban Affairs, Town Country Planning Organisation, Vikas 20. Bhavan (E-Block), IP. Estate, New Delhi. (Fax: 23073678/23379197) Director General, Director General of Foreign Trade, Department of Commerce, Udyog Bhavan, New Delhi.

  19. Director General, Export Promotion Council for EOUs/SEZs, 8G, 8" Floor, Hansalaya Building, 15, Barakhamba Road, New Delhi — 110 001 (Fax: 223329770)

  20. Dr. Rupa Chanda, Professor, Indian Institute of Management, Bangalore, Bennerghata Road, Bangalore, Karnataka

Hansalaya Building, 15, Barakhamba Road, New Delhi — 110 001 (Fax: 223329770)

22. Dr. Rupa Chanda, Professor, Indian Institute of Management, Bangalore, Bennerghata Road, Bangalore, Karnataka

23. Development Commissioner, Noida Special Economic Zone, Noida. 24. Development Commissioner, Kandla Special Economic Zone, Gandhidham. 25.26. DevelopmentDevelopment Commissioner,Commissioner, FaltaSEEPZSpecialSpecial EconomicEconomic Zone,Zone, Kolkata.Mumbai.

24. Development Commissioner, Madras Special Economic Zone, Chennai 28.29. DevelopmentDevelopment Commissioner,Commissioner, VisakhapatnamCochin Special EconomicSpecial EconomicZone, Cochin. Zone, Visakhapatnam 30. Development Commissioner, Indore Special Economic Zone, Indore. 31. DevelopmentUsers Building, Commissioner,Mundra (Kutch)MundraGujarat.Special Economic Zone, 4" Floor, C Wing, Port

25. Development Commissioner, Dahej Special Economic Zone, Fadia Chambers, Ashram Road, Ahmedabad, Gujarat

26. Development Commissioner, Navi Mumbai Special Economic Zone, SEEPZ Service Center, Central Road, Andheri (East), Mumbai — 400 096

27. Development Commissioner, Sterling Special Economic Zone, Sandesara Estate, Atladra Padra Road, Vadodara - 390012

28. Development Commissioner, Andhra Pradesh Special Economic Zone, Udyog Bhawan,

  - 9% Floor, Siripuram, Visakhapatnam — 3 

36. Development Commissioner, Reliance Jamnagar Special Economic Zone, Jamnagar, Gujarat

37. Development Commissioner, Surat Special Economic Zone, Surat, Gujarat

puram, Visakhapatnam — 3

36. Development Commissioner, Reliance Jamnagar Special Economic Zone, Jamnagar, Gujarat

37. Development Commissioner, Surat Special Economic Zone, Surat, Gujarat

38. Development Commissioner, Mihan Special Economic Zone, Nagpur, Maharashtra

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39. Development Commissioner, Sricity Special Economic Zone, Andhra Pradesh.

40. Development Commissioner, Mangalore Special Economic Zone, Mangalore. 41. Government of Andhra Pradesh, Principal Secretary and CIP, Industries and Commerce Department, A.P. Secretariat, Hyderabad — 500022. (Fax: 040-23452895).

41. Government of Telangana, Special Chief Secretary, Industries and Commerce Department, Telangana Secretariat Khairatabad, Hyderabad, Telangana. ;

42. Government of Karnataka, Principal Secretary, Commerce and Industry Department, Vikas Saudha, Bangalore — 560001. (Fax: 080-22259870)

43. Government of Maharashtra, Principal Secretary (Industries), Energy and Labour Department, Mumbai — 400 032.

44. GovernmentBhawan, Block of No.Gujarat,5, 3rd Principal Secretary, IndustriesFloor, Gandhinagar — 382010 and(Fax: Mines079-23250844). Department Sardar Patel 46. Government of West Bengal, Principal Secretary, (Commerce and Industry), IP Branch (4" Floor), SEZ Section, 4, Abanindranath Tagore Sarani (Camac Street) Kolkata — 700 016

partment Sardar Patel 46. Government of West Bengal, Principal Secretary, (Commerce and Industry), IP Branch (4" Floor), SEZ Section, 4, Abanindranath Tagore Sarani (Camac Street) Kolkata — 700 016

47. Government600009 (Fax: of044-25370822). Tamil Nadu, Principal Secretary (Industries), Fort St. George, Chennai — 48. Government of Kerala, Principal Secretary (Industries), Government Secretariat, Trivandrum — 695001 (Fax: 0471-2333017).

48. Government of Haryana, Financial Commissioner and Principal Secretary), Department of Industries, Haryana Civil Secretariat, Chandigarh (Fax: 0172-2740526).

49. Government of Rajasthan, Principal Secretary (Industries), Secretariat Campus, Bhagwan 51. Das Road, Jaipur — 302005 (0141-2227788). Government of Uttar Pradesh, Principal Secretary, (Industries), Lal Bahadur Shastri Bhawan, Lucknow — 226001 (Fax: 0522-2238255).

50. Government of Punjab, Principal Secretary Department of Industry & Commerce Udyog Bhawan), Sector -17, Chandigarh- 160017.

51. Government of Puducherry, Secretary, Department of Industries, Chief Secretariat, 54.GovernmentPuducherry. of Odisha, Principal Secretary (Industries), Odisha Secretariat, Bhubaneshwar — 751001 (Fax: 0671-536819/2406299).

52. Government of Madhya Pradesh, Chief Secretary, (Commerce and Industry), Vallabh Bhavan, Bhopal (Fax: 0755-2559974)

53. Government of Uttarakhand, Principal Secretary, (Industries), No. 4, Subhash Road, Secretariat, Dehradun, Uttarakhand

54. Government of Jharkhand (Secretary), Department of Industries Nepal House, Doranda, Ranchi — 834002.

Principal Secretary, (Industries), No. 4, Subhash Road, Secretariat, Dehradun, Uttarakhand

57. Government of Jharkhand (Secretary), Department of Industries Nepal House, Doranda, Ranchi — 834002.

58. Union Territory of Daman and Diu and Dadra Nagar Haveli, Secretary (Industries), Department of Industries, Secretariat, Moti Daman — 396220 (Fax: 0260-2230775).

59. Government of Nagaland, Principal Secretary, Department of Industries and Commerce), Kohima, Nagaland.

60. Government of Chattishgarh, Commissioner-cum-Secretary Industries, Directorate of Industries, LIC Building Campus, 2™ Floor, Pandri, Raipur, Chhattisgarh (Fax: 0771-2583651).

Copy to: PPS to CS/ PPS to AS (SK) / PPS to JS(AK) / PPS to DS (SNS).

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• Supplementary Agenda for the 101“ meeting of the Board of Approval to be held on 27"November, 2020 at 11:00 A.M. in Room No. 141, Udyog Bhawan, New Delhi

• 101.7 Request for extension of LoA beyond 3" year onwards (one proposals)

• e. As per Rule 18(1) of the SEZ Rules, the Approval. Committee may approve or reject a proposal for setting up of Unit in a Special Economic Zone.

• ¢ Cases for consideration of extension of Letter of Permission (LoP)s i.r.o units in SEZs are governed by Rule 19(4) of SEZ Rules.

a proposal for setting up of Unit in a Special Economic Zone.

• ¢ Cases for consideration of extension of Letter of Permission (LoP)s i.r.o units in SEZs are governed by Rule 19(4) of SEZ Rules.

• e Rule 19(4) states that an LoP shall be valid for one year. First Proviso grants power to DCs for extending the LoP not exceeding 2 years. Second Proviso grants further power to DCs for extending the LoP for one more year but subject to the condition that two-thirds of activities including construction, relating to the setting up of the Unit is complete and a Chartered Engineer’s certificate to this effect is submitted by the entrepreneur.

• ¢ Extensions beyond 3™ year (in cases where two-third activities are not complete) and 4" year are granted by BoA.

• e BoA can extend the validity for a period of one year at a time. ¢ There is no time limit up to which the Board can extend the validity.

101.7(i) Request of M/s Rusan Pharma Ltd. in Indore SEZ for extension of Letter of Approval beyond 01.12.2020 for one year up to 01.12.2021.

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• ¢ LoA issued on > 02.12.2016 e Nature of business of the Unit : Manufacturing of API, Bulk Drugs e No. of Extensions : (02) by DC Indore SEZ beyond original validity and (01) by BoA (SEZs)

• e LoA valid upto : 6©601.12.2020 e Request : Further extension for one year, up to 01.12.2021

a. Details of Business plan:

==> picture [396 x 128] intentionally omitted <==

----- Start of picture text -----<br> (Rs. in crores)<br>Landscaping, Clean Room Panels (CRP) etc.<br>3. Civil Construction Work -— Main Production Blocks, 13.00<br>Miscellaneous Building (including structure, partion walls and<br>and Pump house + UG/OG Tanks, Fuel Yard, HT Yard, Solvent<br>Tank Farm<br>Lee<br>and process equipment & QC lab etc.)<br>----- End of picture text -----<br>

(b) Incremental Investment made so far and incremental investment since last extension —

The validity of LoA of the unit was extended by the BoA in its 99™ meeting held on 31.07.2020 for a further period up to 01.12.2020. At the time of applying for the requisite extension,

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the unit had submitted the expenditure incurred on the project till 20.05.2020. The incremental investment incurred beyond 20.05.2020 and up to 31.10.2020 as per the Certificate issued by the Chartered Accountant, M/s Gupta Saharia & Co., Mumbai, is as under:

==> picture [457 x 612] intentionally omitted <==

eyond 20.05.2020 and up to 31.10.2020 as per the Certificate issued by the Chartered Accountant, M/s Gupta Saharia & Co., Mumbai, is as under:

==> picture [457 x 612] intentionally omitted <==

----- Start of picture text -----<br>

||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|(Rs.|In|Crores)|
|S.No.||Type|of Cost|Total|investment(01.12.2019|{Incremental|Total|
|made|so|far|Beforelto|Investment|from|(rounded)|
|;|01.12.2019|20.05.2020||21.05.2020|to|
|to|fland|B00‘|fo31.10.2020|BT|F|
|3.|Legal|&(0.10|0.15|0.27|0.52|
|Professional|fee|
|-|Computer|&|(0.02|0.02|
|Printers|
|Other|Office|0.015|0.16|0.17|
|lexpenses|
|7.|Building|g|0.75|0.75|
|8.[ElectricityConstruction|[ deposite]|[-sfC|
|Other|Expenses|-|0.19|0.19|
|ehicle|
|(c)|Details|of physical progress|till|date|:-|
|S.No.|Activity|%|completion|%|completion|during|Deadline|fo|
|last|one year|completion|off|
|balance|work|
|2.|Civil|activities|started|with|1%|1%|18|months|
|leveling|of|site|&|bounda|
|walls|
|3.|Water|&|Temporary100%|Completed|100%|Completed|
|electrical|connections|
|The|Company|has|further|submitted|the|following|road|map|in|connection|with|their|
|project|
|1.[Land|[ Development]|&|[ Roads]|20.08.2020|31.08.2021|
|2.|[__|Civil][ work][ and][ its][ final][ building]|[finishes]|[15.11.2020|30.06.2021|
|B.|[Ordering|of Machinery|20.11.2020|31.10.2021|
|=i.|
|5.[Commissioning[stationDelivery ofMachinery|15.05.202105|(01.10.20212001.10.20|
|i201|
|f[ivatRun|—_———————ips.toaoar___o.11 20|
|8.|[Commercial Production|(01.01.2022|onwards.|

0|31.10.2021|
|=i.|
|5.[Commissioning[stationDelivery ofMachinery|15.05.202105|(01.10.20212001.10.20|
|i201|
|f[ivatRun|—_———————ips.toaoar___o.11 20|
|8.|[Commercial Production|(01.01.2022|onwards.|
|(d)|‘Detailed|reasons|for|delay —|

----- End of picture text -----<br>

The Company has further submitted the following road map in connection with their proposed project

i. The Company has submitted that they were allotted plot No. M-21 in SEZ Phase II for which the payment was made to the Developer on 05.07.2017, while the lease deed was registered in December 2017. While registering the lease deed, the concerned Sub-Registrar Office was

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• erroneously imposing Rs. 77,15,112/- as stamp duty on the allotted plot and owing to this legal issue the Company represented before the State Govt., and the matter was finally heard and decided by the Commissioner, Indore Division in favour of the Company on 11.09.2019. Accordingly, the registered lease deed could only be handed over to the Company in the month of November, 2019.

• ii. The total cost of the project is estimated to be around Rs. 58.94 crores, out of which the Company has already invested Rs. 5.27 crores from their internal accruals. For the balance funds, the Company is in process to raise funds from financial institution and pursuant to approval of building maps, the sanction letter will be issued to the unit. :

nal accruals. For the balance funds, the Company is in process to raise funds from financial institution and pursuant to approval of building maps, the sanction letter will be issued to the unit. :

• iii. | As the company has planned implementation of a Bulk Drug and Active Pharmaceutical Ingredient (API) manufacturing unit in Indore SEZ, it is required to obtain Environment Clearance from the State Environment Impact Assessment Authority (SEIAA) before starting the project implementation activities. As per the norms of MP Pollution Control Board (MPPCB), no Bulk Drug and Active Pharmaceutical Ingredient (API) manufacturing unit can start its project implementation at its site in the Industrial area before taking Environment Clearance from the Competent Authority i.e. the SEIAA-M.-P., Ministry of Environment, Forest and Climate Change (MoEF&CC). The unit has now received the Environment Clearance on 21.08.2020.

• (e) Steps taken to implement the project: i. | The Company has received Environment Clearance from the State Environment Impact Assessment Authority (SEIAA-M.P.), Ministry of Environment, Forest & Climate Change (MoEF&CC) on 21.08.2020 and Consent to Establish from M.P. Pollution Control Board on 04.09.2020.

• ii. | The Company has applied for approval of building plans and pursuant to approval of the same by the State Government authority, they shall start the construction activities immediately.

• ii. | The Company has applied for approval of building plans and pursuant to approval of the same by the State Government authority, they shall start the construction activities immediately.

• iii. | The Company has obtained GST Registration certificate. iv. The Company has appointed the Civil Contractor, M/s Eco Build for procurement of cement, steel etc. who shall start civil construction pursuant to building plan approval.

• Vv. Temporary electricity connection and permanent water connection has been installed at site.

• vi. | The Company has obtained registration as Principal Employer under Contract Labour Act.

• Vii. | The Company has executed Bond-cum-Legal Undertaking under SEZ Rules.

• viii. | The Company has appointed Architects and technical consultants, M/s Doshi Consultants, Indore for planning of factory building and supervision of building construction. The building map has also been finalized for submission to the appropriate authorities.

• ix. The Company is in the process of finalising the vendor for plant & machinery.

In the instant case, the physical work has just started on site in October 2020 and levelling and ground filling work has been done. Out of the proposed investment of Rs. 58.94 crores, as per the Chartered Accountant certificate, an investment of Rs. 5.27 crores has been made by the Company in the proposed project. As the physical activity has commenced recently at site, no Chartered Engineer’s Certificate has been submitted.

Recommendation by DC, Indore SEZ:

The unit has made an investment of Rs. 5.27 crores in the project and has also obtained the Environment Clearance from the State Environment Impact Assessment Authority (SEIAA-M_P.), Ministry of Environment, Forest & Climate Change (MoEF&CC) and Consent to Establish from M.P. Pollution Control Board apart from other approvals. They appear to be serious to implement the proposed project. Accordingly, the proposal for extension of validity of LoA dated 02.12.2016 for a further period of one year up to 01.12.2021, as requested by the unit, is recommended for approval of the BoA as per Rule 19(4) of SEZ Rules, 2006.

The request is placed before the Board of Approval for consideration.

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101.8 Cancellation of co-developer status (one proposal) Manyata101.8(i) ApplicationSEZ, Bangalore of M/s Embassyfor surrender Servicesof their Privateco-developer Limited (”"ESPL”), thestatus and to Co-developerhand over thein authorised operations to the Developer, M/s Manyata Promotors Private Limited (“Manyata”), Outer Ring Road, Rachenahalli Village, Nagavara, Bangalore. , M/s Embassy Services Private Limited (“ESPL”) was granted co-developer status on 27" March, 2012 for providing Operation and Maintenance of Buildings and other infrastructure facilities in Manyata SEZ, Bangalore (IT/ITES).

ate Limited (“ESPL”) was granted co-developer status on 27" March, 2012 for providing Operation and Maintenance of Buildings and other infrastructure facilities in Manyata SEZ, Bangalore (IT/ITES).

Now, the Co-developer proposes to surrender the co-developer status and to hand over the authorised operations to the Developer, M/s Manyata Promotors Private Limited. They have entered into a Business Transfer Agreement dated 22"! October, 2020 for this purpose. The developer undertakes to take over all assets and liabilities of the co-developer and a Board Resolution has been passed to that effect. A NOC dated 02.11.2020 from the developer, i.e. M/s Manyata Promoters Private Limited has also been provided. As per the report of the Specified Officer, there are no dues payable by Embassy Services Pvt. Ltd. Bangalore.

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Recommendation by DC, CSEZ:

DC,CSEZ has recommended the proposal.

101.9 Proposal for setting up of FT WZ (two proposals for in-principle approval) In terms of Rule 6(1) of the SEZ Rules, 2006 conditions for formal and in-principle approval are as follows: -

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6. Letter ofApproval to the Developer (1) The Central Government shall, within a period of thirty days of the communication received by it under clause (a) or clause (b) ofSub-section (9) ofSection 3 of the Act grantfollowing approvals: —

(a) formal approval in the cases where land is in possession of the developer in Form-B to the person or the State Government concerned or in Form-C, if the approval isfor providing infrastructuralfacilities in the Special Economic Zone, incorporating additional conditions, ifany, specified by the Board while approving the proposal; porating(b) in-principle additionalapproval conditions, in otherifany. cases in Form-B 1 to the person or the State Government concerned, incor 101.9(i) Request of M/s. NDR Infrastructure Private Limited for “In-Principle Approval” for setting up of an FT WZ at Karjat, Raigad, Maharashtra over an area of 50.98 ha. The details of documents/conditions required for setting up of new SEZ/FTWZ and the status thereof are as below: -

S.No.<br>:	[Conditions‘Documentsrequired<br>Documents required for setting up ofSEZ in terms ofRule
	3 ofSEZ Rules, 2006:
(i)	CompletedForm-A(withenclosures) =... ¥es, provided
	A.<br>Total Proposed<br>:<br>Rs.700.81 Crores
	investment<br>4

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rms ofRule| |---|---| ||3 ofSEZ Rules, 2006:| |(i)|CompletedForm-A(withenclosures) =... ¥es, provided| ||A.<br>Total Proposed<br>:<br>Rs.700.81 Crores| ||investment<br>4|

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||B.|FDI (in US$)|:|Nil||
|---|---|---|---|---|---|
||--C.|MeansofFinance —s::*(i)FromExisting Reserves—<br>:<br>and Surplus/Equity Capital<br>385.45 Crores<br>(ii)FromFinancial|||:|
||D.|Proposed Exports|:|$250 Million||
||E.|Employment (in Nos.)<br>=||9200 Direct& 800 InDir||
|(ii)|IDC’s Inspection Report||||JDC, SEEPZ has stated that the|
||||||applicant has yet not procured the|
||||||requisite land as per requirement|
||||||of the provisions ofthe SEZ Act]|
||||||& Rule. Hence, Inspection Report|
||||||lhas not been sent along with the|
||||||proposal.|
|(iv)|Recommendation forNational SecurityClearance(NSC) from|JDC, SEEPZhas stated as per the<br>MinistryofHomeAffairs as perRule 3 ofSEZ Rules, 2006.<br>[Selfdeclaration<br>of the<br>applicant|||||
||||||there is no FDI from the countrie|
||||||of concern.

rom|JDC, SEEPZhas stated as per the<br>MinistryofHomeAffairs as perRule 3 ofSEZ Rules, 2006.<br>[Selfdeclaration<br>of the<br>applicant|||||
||||||there is no FDI from the countrie|
||||||of concern. Hence, as per revised|
||||||guidelines<br>ofMHA_<br>Nationa|
||Minimumarearequirement (50HaforFTWZw.e.f.<br>Notification dated 17.12.2019) in terms ofRule 5 ofSEZ||||Security<br>Clearance (NSC)<br>is<br>not<br>equired.<br>DC<br>hasinformedthat<br>the<br>tota<br>{project land area will be 50.98 Ha|
||Rules,|2006.|||(125.96<br>Acres).<br>Out of this<br>the|
||||||Developer<br>has<br>alreadyprocured|
||||||117.6<br>Acres<br>and<br>remaining 8.36<br>[Acres for which, they have done<br>A greements ofSale.|
|Cc,|Detailsto|tobefurnishedintermsofRule7ofSEZRules,||||
|(i)|CertificatefromtheconcernedState||StateGovernmentorits||DC<br>hasinformedthat<br>the|
||authorised agency stating that the Developerhas:||||ownership<br>of purchased<br>land<br>i|
||e|Legal Possession, and|||underthenames of4 persons and/o|
||||||entities<br>- NDR Infrastructure<br>Pvt.|
||e —|Irrevocable rightstodevelopthesaid area as SEZ, an||||Ltd. (the applicantcompany), Shri|
||e|d<br>That the said area is freefrom all encumbrance.|||. Adikeshaullu Ready (Director of<br>R<br>Infrastructure<br>Pvt.

ightstodevelopthesaid area as SEZ, an||||Ltd. (the applicantcompany), Shri|
||e|d<br>That the said area is freefrom all encumbrance.|||. Adikeshaullu Ready (Director of<br>R<br>Infrastructure<br>Pvt. Ltd),<br>Chetna<br>Multitrade<br>Pvt.<br>Ltd.|
||||||(acompany<br>owned<br>by<br>Shri.|
||area.Thelease shallbe foraperiod not|||period not less than twenty years.|wife)<br>and Shri<br>D.<br>Mallikarjun|
|(111)|The identified area shallbeContiguous, Vacant andNo thorouReddy (brother in<br>ghfare.<br>law<br>of<br>Shri<br>N.<br>Adikeshaull|||||
||||||Reddy).Further, the Developer ha|
||||||stated that this is an approval for In.|
||||||Principle Approval,<br>irrevocable|
||||||lease<br>agreements<br>between<br>the|
||||||persons<br>and<br>entities<br>will<br>be|
||||||submitted<br>at<br>the<br>time<br>off|
||||||FormalApproval.|

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Recommendations by DC:

DC, SEEPZ has recommended the above proposal of M/s. NDR Infrastructure Pvt. Ltd. to pla ce it before the ensuing meeting of the BoA for “In-Principle Approval”.

101.9(ii) Request of M/s. Karanja Terminal & Logistics Pvt. Ltd. for “In-Principle Approval” for setting up of an FTWZ at Village — Change, Taluka — Uran, District — Raigad, Maharashtr a over an area of 50ha.

||The details ofdocuments/conditions required for setting up ofnew SEZ/FTWZ and the status thereof|
|---|---|
|are as|below: -|
||j|
|~|PeorequiredforsettingupofSEZintermsofRule3 of<br>panies|
|(i)|{Completed Form-A (withenclosures)<br>YS, provided<br>A.<br>Total Proposed<br>+<br>‘Rs. 528 Crores|
||investment<br>oo|
||B.<br>FDI (inUSS)<br>:<br>Nil<br>|<br>~-C€ MeansofFinance ——:__(i)Equity Capital/ExistingReserves ~<br>||
||-<br>and Surplus 264Crores|
||:<br>(ii)FromTerm loan from financial<br>||
||D.<br>Proposed Exports<br>:<br>Rs. 464 Crores|
||E.<br>Employment (in Nos.)<br>=<br>6000|
|(ii)|DC’s Inspection Report<br>DC, SEEPZ has<br>stated that the|
||applicant has yet not procured the|
||equisite land as per requirement of|
||Rule.

ores|
||E.<br>Employment (in Nos.)<br>=<br>6000|
|(ii)|DC’s Inspection Report<br>DC, SEEPZ has<br>stated that the|
||applicant has yet not procured the|
||equisite land as per requirement of|
||Rule. Hence, Inspection Report has|
||mot<br>been<br>sent<br>along<br>with<br>the<br>proposal.|
|(iv)<br>[Recommendation forNational SecurityClearance (NSC) from MinistJDC, SEEPZ has stated as per the<br>ofHomeAffairs asperRule 3 ofSEZ Rules, 2006.<br>Self declaration of the applicant<br>there is no FDI from the countrie<br>lofconcern.Hence,asperrevised<br>-<br>guidelines<br>of<br>MHA<br>National<br>Security Clearance (NSC)<br>is not<br>required.<br>ee<br>dated 17.12.2019)intermsofRule5ofSEZRules,2006.<br>a<br>(i)<br>Certificate from the concerned StateGovernment or its authorised agIDC has informed that the proposed<br>ency stating that theDeveloperhas:<br>land was allotted to M/s. Karanjal<br>e<br>Legal Possession, and<br>Infrastructure<br>Pvt.<br>Ltd.<br>b<br>(¢—<br>e<br>Irrevocable rights todevelopthe said area as SEZ, and<br>thereafter<br>as<br>per<br>condition||

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Karanjal<br>e<br>Legal Possession, and<br>Infrastructure<br>Pvt.<br>Ltd.<br>b<br>(¢—<br>e<br>Irrevocable rights todevelopthe said area as SEZ, and<br>thereafter<br>as<br>per<br>condition||

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```text
||e|That the said area is free from all encumbrance.|mentioned<br>in<br>Government<br>of|
|---|---|---|---|
|(ii)|ether theDeveloperhas leasehold right over the identified area.||M**a**harashtra<br>Resolution/Orde<br>d ted 24.08.2009 new SPV in the|
||he lease shallbe for a periodnot less than twentyyears.||name of M/s. Karanja Terminal &|
|(iii)|e identified area shall be Contiguous, Vacant andNo thoroughfare.|Logistics Pvt. Ltd. was promoted|||
||||and<br>leasehold<br>rights<br>were|
||||transferred<br>from<br>Karanja|
|||;|Infrastructure Pvt. Ltd. to Karanja|
||||erminal & Logistics Pvt. Ltd. b|
||||ay of deed of confirmation dated|
||||28.09.2020<br>under<br>a__<br>tripartite|
||||agreement duly signed by all three|
||||parties,<br>post<br>which<br>a<br>deed<br>off|
||||confirmation of effectiveness wa|
||||signed<br>between<br>Maharashtra|
||||Maritime<br>Board<br>and<br>Karanja|
||||Terminal &<br>Logistics<br>Pvt.<br>Ltd!|
||||dated<br>25.03.2015<br>which<br>wa|
||||registered on 13.04.2015.|
||||Further,<br>the<br>State<br>Govt.<br>of|
||||(Maharashtra<br>in<br>its<br>lette:|
||||dated 12.10.2020 has<br>stated<br>that|
||||M/s.<br>Karanja<br>Terminal<br>and|
||||Logistics Pvt. Ltd.

015.|
||||Further,<br>the<br>State<br>Govt.<br>of|
||||(Maharashtra<br>in<br>its<br>lette:|
||||dated 12.10.2020 has<br>stated<br>that|
||||M/s.<br>Karanja<br>Terminal<br>and|
||||Logistics Pvt. Ltd. has is operating|
||||ion<br>Maharashtra<br>Maritime<br>Board|
||||(MMB)<br>land<br>at<br>Village Change,|
||||Taluka Uran, District Raigad and|
||||the developer has<br>valid lease<br>in|
||||period of 30 years. This land is i|
||||legal Possession of the applicant|
||||and is having Contiguous land free|
||||from all encumbrances & no publi|
||||thoroughfare.|

Recommendations of DC:

DC, SEEPZ-SEZ has recommended the above proposal stating that though the land is in possession of the applicant, as per letter of the State Govt., but the verification of the same by the land Authority with survey number is still pending. Hence, the request of the Applicant M/s. Karanja Terminal & Logistics Pvt. Ltd. is recommended to the BOA for “In-Principle Approval”.

kK

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