Wednesday, June 26, 2013

Odisha recommends extension of Gopalpur SEZ


The Odisha government has recommended to the Union ministry of commerce & industry to extend formal approval for Tata Steel’s multi-product Special Economic Zone (SEZ) at Gopalpur for one year.

The state has requested to the ministry to place the matter before the Board of Approvals (BoA) on SEZs for consideration and approval. Tata Steel is the anchor tenant for the industrial park being developed at Gopalpur on an area of 2,952 acre. Establishment of SEZ requires a minimum land area of 2,500 acre. In March this year, Tata Steel obtained coastal regulatory zone (CRZ) approval from the Union ministry of environment & forests (MoEF) for the industrial park. 

The land has been acquired by Odisha Industrial Infrastructure Development Corporation (Idco) for an integrated steel mill originally proposed by Tata Steel in 1995. But later, the Tata Steel shelved the steel plant and instead proposed to construct a 50,000 tpa ferrochrome plant and one 4,00,000 rebar mill over an area of 400 acre along with the cluster of project over an area of 2,952 acre.

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