Millennium Post

Parsvnath Infra wants to surrender IT SEZ in Uttarakhand

Parsvnath Infra has approached the government for surrendering its IT/ITeS special economic zone in Uttrakhand in the backdrop of the state government not coming out with its SEZ policy.

The request of the developer would be considered by Board of Approval (BoA) headed by Commerce Secretary S R Rao in a meeting on 8 November.

'Now, the developer has requested for de-notification of the SEZ as in spite of the best efforts state government has not yet come out with their SEZ policy due to which the layout plan of the SEZ, even though submitted as early as March 2008, cannot be approved,' the agenda of the BoA meeting said.
The company has planned to set up the zone in Dehradun.

It was to come up in an area of 13.54 hectares and it was notified on September 28, 2007.
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