Table Agenda for 66th Meeting of the BoA for SEZ to be held on 27th August, 2015

Table Agenda for the 66" meeting of the Board of Approval to be held on 27" August, 2015, in the Room No. 47, Udyog Bhawan, New Delhi

Item No. 66.15 : Proposal for setting up of SEZs

(i) Request of M/s. Wardha Sakhar Karkhana Ltd. for setting up of a sector specific SEZ for Biotechnology including Bio-Plastics or other Bio based or Bio-degradable Environment Friendly Products, Pharmaceuticals and Chemical sector at Mouza: Jamner and Kharassi, Tehsil Arvi, District Wardha, Maharashtra, over an area of 86.15 hectares.

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----- Start of picture text -----<br> the (inha) | Possessi | Recommen- | application<br>Developer on dation<br>Wardha Jamner and | including Bio- (10.08.2015) principle<br>Sakhar Kharassi, Plastics or other Bio approval)<br>Karkhana Tehsil Arvi, | based or Bio-<br>Ltd. District degradable<br>Wardha, Environment<br>Maharashtra Friendly — Products,<br>Pharmaceuticals and<br>Chemical sector<br>----- End of picture text -----<br>

*Subject to complying with the following condition for favorable consideration as per the SEZ Act & Rules for formal approval:-

• (i) Developer has taken a loan of Rs. 151.80 crores by mortgaging the land to Andhra Bank a nationalized Bank, as per the Central Govt. guidelines land should be free from all encumbrances by the developer.

• (ii) The land location layout plan submitted by the developer indicates that land is (86.15 ha.) not contiguous. However developer confirms the minimum area i.e. 50 hectares land for sector specific SEZ is contiguous. Hence subject to satisfying the criteria of minimum land requirement of 50 hectares contiguous to be ensured.

• (iii) | Developers should fulfill the provisions of State Government Act and Rules in respect of purchase of Agricultural land for Industrial Purposes.

DC SEEPZ has recommended the proposal for in-principle approval.

The proposal of the developer is submitted for consideration of BoA.

• KKK