Supplementary Agenda for 68th Meeting of the BoA for SEZ to be held on 30th December, 2015

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Supplementary Agenda for the 68th meeting of the Board of Approval to be held on
30th December, 2015, in the Room No. 47, Udyog Bhawan, New Delhi

Item No. 68.7 : Requests for extension of validity of formal approvals

(i) Request of M/s. Navi Mumbai SEZ Private Limited for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for IT/ITES-A at Ulwe, Navi Mumbai, Maharashtra, beyond 24th October 2015

Name of the developer:
M/s. Navi Mumbai SEZ Private Limited

Location:

Ulwe, Navi Mumbai, Maharashtra

Extension:

The developer has been granted five extensions, validity
period of which is upto 24th October, 2015.

Basic facts: M/s. Navi Mumbai SEZ Private Limited was granted formal approval on
25th October, 2007. The SEZ stands notified as on date.

The developer has requested for further extension so as to implement the project.

The developer has made following investments/plans.

(i) Investment in land Rs. 16.43 crores (ii) Building cost, including infrastructure in building is Rs. 34.24 crores (iii) Land development is Rs. 7.25 crores (iv) Boundary wall is Rs. 0.38 crores (v) Road drainage 7.86 crores (vi) Water IT & others is Rs. 0.87 crores (vii) Finance cost & preops is Rs. 35.31 crores

The developer has carried out the following authorized activities for implementing the SEZ:-

(i) Total boundary wall of 1.95 kms completed (ii) Internal road work is completed upto BBM level for 1854 mtrs (iii) Storm water drains completed upto 2919 mtrs (iv) Internal water lines laid for 993 mtrs (v) IT ducts laid for 1047 mtrs. (vi) The developer has completed IT/ITES building of 195000 sq. ft. super built up area (vii) The SEZ is developed and ready for the prospective units. However, potential investors are waiting for clarity from Government of Maharashtra about the new SEZ Policy. (viii) Reason for delay:- (a) Non-enactment of the Maharashtra State SEZ Act (b) As a developer, they have to take risk and incurred the entire capital expenditure but units will not come unless the State SEZ Act is enacted. And

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MAT & DDT has been imposed on the SEZ developers & units, which has a direct impact on setting up units in a SEZ.

DC SEEPZ has recommended the proposal for a period of one year for consideration by BoA.

The request of the developer is accordingly placed before BoA for its consideration.

(ii) Request of M/s. Navi Mumbai SEZ Private Limited for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for IT/ITES-B at Ulwe, Navi Mumbai, Maharashtra, beyond 24th October 2015

Name of the developer:
M/s. Navi Mumbai SEZ Private Limited

Location:

Ulwe, Navi Mumbai, Maharashtra

Extension:

The developer has been granted five extensions, validity
period of which is upto 24th October, 2015.

Basic facts: M/s. Navi Mumbai SEZ Private Limited was granted formal approval on
25th October, 2007. The SEZ stands notified as on date.

The developer has requested for further extension so as to implement the project.

The developer has made following investments/plans.

(i) Investment in land Rs. 29.76 crores (ii) Building cost, including infrastructure in building is Rs. 34.83 crores (iii) Land development is Rs. 20.52 crores (iv) Boundary wall is Rs. 0.76 crores (v) Road drainage is 14.06 crores (vi) Water IT & others is Rs. 5.88 crores (vii) Finance cost & preops is Rs. 63.97 crores

The developer has carried out the following authorized activities for implementing the SEZ:-

(i) Total boundary wall of 3.28 kms completed (ii) Internal road work is completed upto BBM level for 2435 mtrs (iii) Storm water drains completed upto 2611 mtrs (iv) Internal water lines laid for 1112 mtrs (v) IT ducts laid for 1097 mtrs. (vi) Bridge across the water channel completed upto slab for upstream & downstream sides. (vii) The developer has completed IT/ITES building of 195000 sq. ft. super built up area (viii) The SEZ is developed and ready for the prospective units. However, potential investors are waiting for clarity from Government of Maharashtra about the new SEZ Policy.

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(ix) Reason for delay:- (a) Non-enactment of the Maharashtra State SEZ Act. As a developer, they have to take risk and incurred the entire capital expenditure but units will not come unless the State SEZ Act is enacted. And MAT & DDT has been imposed on the SEZ developers & units, which has a direct impact on setting up units in a SEZ.

DC SEEPZ has recommended the proposal for a period of one year for consideration by BoA.

The request of the developer is accordingly placed before BoA for its consideration.

(iii) Request of M/s. Navi Mumbai SEZ Private Limited for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for IT/ITES-C at Ulwe, Navi Mumbai, Maharashtra, beyond 21st November 2015

Name of the developer:
M/s. Navi Mumbai SEZ Private Limited

Location:

Ulwe, Navi Mumbai, Maharashtra

Extension:

The developer has been granted five extensions, validity
period of which is upto 21st November, 2015.

Basic facts: M/s. Navi Mumbai SEZ Private Limited was granted formal approval on
21st November, 2007. The SEZ stands notified as on date.

The developer has requested for further extension so as to implement the project.

The developer has made following investments/plans.

(i) Investment in land Rs. 8.37 crores (ii) Land development is Rs. 7.08 crores (iii) Boundary wall is Rs. 0.46 crores (iv) Road drainage is 4.93 crores (v) Water IT & others is Rs. 7.70 crores (vi) Finance cost & preops is Rs. 18 crores

The developer has carried out the following authorized activities for implementing the SEZ:-

(i) Total boundary wall of 1.40 kms completed (ii) Internal road work is completed upto BBM level for 750 mtrs (iii) Storm water drains completed upto 804 mtrs (iv) Internal water lines laid for 869 mtrs (v) IT ducts laid for 842 mtrs. (vi) Utility crossing pipe laying 70 mtrs (vii) The SEZ is developed and ready for the prospective units. However, potential investors are waiting for clarity from Government of Maharashtra about the new SEZ Policy. (viii) Reason for delay:- (a) Non-enactment of the Maharashtra State SEZ Act. As a developer, they have to take risk and incurred the entire capital expenditure

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but units will not come unless the State SEZ Act is enacted. And MAT & DDT has been imposed on the SEZ developers & units, which has a direct impact on setting up units in a SEZ.

DC SEEPZ has recommended the proposal for a period of one year for consideration by BoA.

The request of the developer is accordingly placed before BoA for its consideration.

Item No. 68.8 : Requests for extension of LoP beyond 3rd Year onwards

(i) Request of M/s. Infrasoft Technology Ltd., a unit in M/s. MIDC at Rajiv Gandhi InfoTech Park, Hinjewadi, Phase-III, Pune, Maharashtra for extension of LoP beyond 31st July 2015

 LoP issued: 2nd August, 2011 for Computer software development and ITES.  Extensions: 3 (third) up to 31st July, 2015  Request: For further extension.

The unit has requested for further extension so as to implement the project.

The unit has made the following investment/plans:-

(i) Investment made till date is Rs. 118.42 lakhs in land taken on lease from developer (MIDC) i.e. 100% premium of the plot admeasuring 5921 sq. mtrs. and the unit has invested 30 lakhs in infrastructure like fencing road frontage charges, contour survey, common wall etc. (ii) Incremental investment since last extension is Rs. 10.96 lakhs. (iii) Physical progress since last extension – (a) Land leveling, fencing, road frontage has been completed (b) Contour survey and Geotechnical investigation has been completed and reports submitted for construction as per plan. (c) Finalised Phase – 1 master plan layout for submission to Special Planning Authority (MIDC) for approval to start civil work. (iv) Physical progress till date- M/s. Archicon associated have been appointed as project management consultant for SEZ project and M/s. DSP Design Associates have been appointed for Architectural, Structural and MEP Design Services for Master planning and construction of Phase – 1.

DC SEEPZ has recommended the proposal for extension of LoP upto
1st August, 2016.

The request is placed before BoA for its consideration.

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(ii) Request of M/s. Transgenez Infotech a unit in the IT/ITES SEZ being developed by M/s. Maharashtra Industrial Development Corporation (MIDC), Rajiv Gandhi Infotech Park, Hinjewadi, Phase-III, Pune, Maharashtra for extension of LoP beyond 28th October, 2015.

 LoP issued: 29th October, 2010 for development of computer software/ITES (Back Office/Remote Data Entry/Call Centre.  Extensions: 4 (fourth) up to 28th October, 2015  Request: For further extension.

The unit requested for extension of LOP was placed before UAC meeting held on 25.08.2014. As no developmental actitivity was undertaken by the unit, the UAC rejected the request of extension.

The unit filed an appeal in 64th BoA held on 20th February, 2015 and the Board heard the appellant and after examining the matter extended the validity of LoA for a period upto 28.10.2015.

The unit has requested for further extension of two years w.e.f. 28.10.2015 to 28.10.2017 so as to implement the project.

The unit has made the following investment/plans:-

 Investment made till date is Rs. 189 lacs in land and Rs. 38 lacs in infrastructure. Total investment is Rs. 225 lacs.  Incremental investment since last extension is Rs. 38 lacs/-.  Timelines for completion of the project and making it operational (i) Plan sanction – 13th June 2015 (ii) Excavation and plot level – 1st June to 15th October, 2015 (iii) Footing and columns – 16th October to 31st December, 2015 (iv) Slab filling – 1st January to 31st March 2016 (v) Brick work – 1st April to 30th June, 2016 (vi) Flooring & wiring – 1st July to 30th September, 2016 (vii) Interior work – 1st October to 31st December, 2016 (viii) Completion – 1st January to 31st January, 2017

The unit has stated that they have lease plot No. 27 at Rajiv Gandhi Infoteh Park, Hinjewadi, Phase III (IT SEZ) Pune, after receiving extension upto on 28th October, 2015. They had taken approval for their building plan from MIDC and started construction activity but due to hilly area and hard rock, they require more time for excavation work.

DC SEEPZ SEZ has stated that the unit has also not indicated the projected Net Foreign Exchange Balance sheet, proposed employment generation.

DC SEEPZ SEZ has also stated that the unit for extension of LoP for further extension of two years w.e.f. 28.10.2015 to 27.10.2017 is not recommended to the Board.

The request is placed before BoA for its consideration.

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(iii)
Request of M/s. G. Metals Company, a unit in NSEZ at Plot No. 98, NSEZ for extension of validity period of its LoP beyond 27th October, 2015

 LoP issued: 28th October, 2010 for manufacturing of precious metals including non ferrous alloys, chains, jewellery, finding components.  Extensions: 4 (four) up to 27th October, 2015  Request: For further extension.

The unit has requested for further extension so as to implement the project.

The unit has made the following investment/plans:-

(i) The unit has stated that the construction of the building at plot no. 98, NSEZ has been completed and they have applied for completion certificate to Noida Authority and NOC from UP Pollution Control Board to start the export production.

DC NSEZ has recommended the proposal for extension by one year.

The request is placed before BoA for its consideration.

Item No. 68.9 : Miscellaneous Cases

(i) Proposal of M/s. Indiabulls Industrial Infrastructure Ltd. developer in multi product SEZ at Sinner MIDC, Nasik, Maharashtra for separate entry/exit gate for railway line to M/s. RattanIndia Nasik Power Ltd. in the non-processing area.

The formal approval was granted to the developer on 25.06.2007. The SEZ stands notified over an area of 1101.264 hectares.

The developer has stated that M/s. RattanIndia Nasik Power Limited, co-developer is on the verge of commissioning the power plant set up in non-processing area and has sought separate entry/exit for railway line to facilitate its operations.

The power plant is a coal based thermal power plant which requires coal to run the power plant. The required coal has to be sourced from coal mines and movement of coal from coal mines to power plant can take place through rail transportation. The board had already approved the railway siding as authorized operation which is under process, therefore it is required a separate entry/exit for movement of rail for its smooth operation.

DC SEEPZ has recommended that the request of the developer for separate entry/exit gate to M/s. RattanIndia Nasik Power Limited (co-developer) in the non-processing area of the SEZ may be placed before BoA.

The request is placed before the BoA for consideration.

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(ii) Request of M/s. TSIIC Limited, developer of sector specific SEZ for IT/ITES at Nanakramguda Village, Serilingampally Mandal, Ranga Reddy District, Telangana for increase in area

The above mentioned SEZ was notified on 25th April, 2007 over an area of 20.53 hectares. BoA held on 30th August, 2007 had approved to decrease an area of 4.05 hectares.
Subsequently, an area of 0.647 hectares has been increased vide notification dated 28th March, 2013. As on date the total area of the SEZ after deletion and addition is 17.127 hectares.

The developer has requested for addition of an area of 2.105 hectares, thereby making the total area of SEZ as 19.232 hectares for expansion of their SEZ. State Government of Telanagana has given their ‘NoC’ for the proposed increase in area of the SEZ.

DC VSEZ has recommended the proposal.

The request is placed before BoA for its consideration.

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