Cochin SEZ seeks more time to put house in order after GAIL exit
March 04, 2021
The port-based SEZ being developed by Cochin Port Trust - The Hindu×
IOCL receives approval for setting up unit in the zone, Petronet may apply too
The port-based SEZ being developed by Cochin Port Trust in Puthuvypeen Ernakulam has asked for more time for de-notification of the area earlier occupied by a unit by GAIL, which has now exited the zone, and the construction of the boundary wall, as directed by the Board of Approval (BoA) for SEZs last year.
The Indian Oil Corporation Limited (IOCL) has now got its own proposal for setting up a unit in the SEZ to manufacture and export lubricant cleared by the Unit Approval Committee last month while Petronet Limited, too, has shown interest in setting up a unit, the Development Commissioner (DC) of the Cochin SEZ (CSEZ) said in a recent submission to the BoA. “The request of the developer for extension of time for compliance of BoA directions reg