Dahej SEZ attracts dozen firms after getting MoEF clearance
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Last Updated: Thursday, April 08, 2010, 15:36
  
Ahmedabad: After getting environmental clearance from Ministry of Environment and Forest (MoEF), the Dahej SEZ is likely to attract investment from over a dozen new companies, a top official said Thursday.

The multi-product SEZ jointly being promoted by ONGC and state government's Gujarat Industrial Development Corporation (GIDC) coming up at Vagra taluka of Bharuch district in Gujarat got MoEF clearence on March 17.

"After getting the environmental clearance from MoEF the development here is expected to be at a much faster pace," COO Dahej SEZ Limited (DSL) R J Shah told a news agency.

"Close to 40 companies have proposed to invest in the SEZ so far, and an additional dozen companies inlcuding those from overseas have approached us to open their facility here now," Shah said.

Amongst the twelve new firms in talks to set up there facility here are Tata group firm Rallis India, ABG Shipyard, Gujarat State Petronet Limited, Subero Organics, Choksi Colors, Hindustan Ploymer, US-based Crystal Water, he said.

The SEZ is projected to attract an overall investment of Rs 35,000 crore, Shah said.

Anchor tenant of the SEZ, ONGC Petro addition Limited (OPal) is setting up country's largest petrochemical complex at Dahej, with a proposed investment of close to Rs 13,000 crore.

"The remaining 38 companies are in advanced stage of setting up their facility here," Shah said adding "Out of which nearly ten firms are expected to start operations in 2010-2011."

Total exports from Dahej SEZ are projected to cross Rs 60,000 crore mark in next few years, when all the units allocated land here begin production, he added.

Dahej SEZ is spread across 1700 hectares, out of which 1300 hectares is the allocable area, of which 1100 hectares has already been allocated to the industries, he said.

The companies who have been allocated land have proposed an investment of over Rs 28,000 crore in the SEZ, Shah said.

PTI


First Published: Thursday, April 08, 2010, 15:36


Tag: SEZfirmsMoEF
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