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Tata Steel Seeks More Time To Start SEZ Project In Odisha

Bhubaneswar:13/11/17; The proposal to grant extension will be taken up by the Board of approval, highest decision making body on SEZ related issues, in its meeting on November 17.

Tata Steel has sought one year’s time from the government to start execution of its multi- product special economic zone (SEZ) project in Odisha, saying that it is waiting for environment clearance.

The proposal to grant extension will be taken up by the Board of approval, highest decision making body on SEZ related issues, in its meeting on November 17.

The inter-ministerial board is headed by commerce secretary Rita Teaotia.

According to the agenda note of the board, Tata Steel SEZ Ltd, Gopalpur, Odisha has sought “further extension of the formal approval for setting up a multi-product SEZ beyond December”.

The company has sought extension of one year up till December 17, 2018.

It has stated that it could not start the activities in the zone in the absence of environmental clearance (EC) and coastal regulatory zone (CRZ) clearance.

Tata Steel SEZ had applied for environmental clearance on March 24 and CRZ clearance on July 3 this year and final expert appraisal committee of Ministry of Environment, Forest, and Climate Change recommended for grant of EC and CRZ clearance on October 16.

“The formal approval letter of ERC and CRZ clearance is expected by end of November, post which the infrastructure development activity would be taken up,” the board said.

SEZs are export hubs. Overseas shipments from these zones and export oriented units contributed about 33 per cent to the country’s total exports.

Till September 7, the government has approved as many as 424 zones, of which 222 are operational.

Exports from these zones grew about 12 per cent to Rs 5.24 lakh crore in 2016-17 as against Rs 4.67 lakh crore in the previous fiscal.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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