Minutes of Approval Committee meeting for Pune-Cluster held on 25 July 2023. — 00-approved-minutes-midc-sez-pune

Minutes of the 123ra Meeting of the Approval Committee held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector Specific Special Economic Zone for IT/ITES of MIDC-SEZ, Pune held on 25.07.2023 via video conferencing. Name and Designation Department S/Shri. Smt. Mital Hiremath Pune Cluster SEZ, Pune Joint Development Commissioner Smt. Pradnya Gholap Nominee of Income Tax, Pune DCIT, (TDS) Pune Dr. Dileeraj Dabhole Nominee of DGFT, Pune Dy. DGFT Smt. Sunita Jagtap Nominee of Customs, Pune Superintendent Special Invitee [ Sr | Name and Designation Department 1 | Shri Satbir Sharma MIDC-SEZ, Pune. Specified Officer Agenda Item 1०.01: Confirmation of the Minutes of the 122na meeting held on 27.06.2023 After deliberation, the Committee confirmed the minutes of the 12254 meeting of Approval Committee held on 27.06.2023 Agenda Item No.02: Application for Installation of rooftop Non-Conventional Solar Power Panel for Captive Consumption by M/s Neilsoft Pvt. Ltd. After deliberation, Committee approved the proposal of M /s. Neilsoft Pvt. Ltd., for setting up of rooftop Non-Conventional Solar Panel for captive consumption

(EPC) Company providing sustainable Solutions. Annual Generation in capacity 1,18,000 KWH Units cE The approval is subject to the following conditions: w a _ The Unit will not be eligible for any exemptions, drawback, concessions or any other benefit available under Section 7 and Section 26 of the SEZ Act for creating or operating such facilities. _ The unit will have to fulfill any conditions / safeguards laid down by the State Government / Electricity department, from time to time _ The non-conventional solar power generated will be used only for captive consumption and will not be sold outside

• Such Captive generating power plants shall comply with all rules, regulations and technical standards framed under the Electricity Act, 2003 as amended from time to time.
• Captive generation power plants with capacity 500 KW and above has to be registered with Central Electricity Authority. They will register with Central Electricity Authority if power generation capacity exceeds 500 KW. Agenda Item No.03 : Monitoring of the performance of M/s IASYS Technology Solutions Pvt. Ltd. MIDC - SEZ, RGIP, Pune. After deliberation, the committee noted the performance of the unit for 5 years i.e., FY 2018-19 to 2022-23, of 1st Block Period. a) Performance as compared to projections: FY 2018-19 to 2022-23 (Rs. In Lacs) राशन Projected 2018-19 |___ 1152.00 | [2019-20 | 19-20 3744.00 4320.00 [2027-22 | 1-22 4608.00 | 5184.00 19008.00 |_ 3937.42 | The unit has achieved cumulative export revenue of Rs. 3937.42 Lakhs as against projected export of Rs. 19008.00 Lakhs (which is 20.71% of projected export) and achieved cumulative NFE of 3912.63 Lakhs which is 99.37% in 5 years of 18 Block Period i.e. during (FY 20 18-19 to 2022-23) = > ea

The Unit vide their letter their letter dated 31.05.2023 informed the reasons for decrease in exports as compared to the approved projection. The reasons are as follows: “We would like to inform your good office that we could not achieve exports as compared to projected figures due to COVID 19, our exports were reduced comparatively and since we are into Testing & Validation services, our contract with client is of milestone in nature, hence generally once Testing and Validation is completed, our contract does not get renewed & therefore considering this we could not achieve exports as it was projected. Also we have projected exports on conservative basis which is achievable to us considering business in hand for next block of 5 years.” Export Performance & Proposed export projection for next block The unit has achieved export of Rs. 3937.42 Lakhs in 1st Block (i.e. FY 2018-19 to FY 2022-23 ) and has proposed export projection of Rs. 5260.70 Lakhs in 274 Block (i.e. FY FY 2023-24 to FY 2027-28) as below : Rs. In Lacs te. Particulars. | Export Achieved during | Export Proposed for 24 No. 1st Block (2018-19 to | Block of 5 years 2022-23 2023-24 to 2027-28 1 FOB Value of 3937.42 5260.70 ‘__| Exports (A 2. | FE Outgo 49.58 1207.33 3 | NFE 3912.63 4053.37 Meeting ended with a vote of thanks to the Chair. as a S. Hiremath) Joint Development Commissioner