NEW DELHI - Tata Steel SEZ Ltd, a 100 per cent subsidiary of Tata Steel, has sought another year’s extension of formal approval for its multi-product zone in Gopalpur, Odisha, as it hopes to get the mandatory environmental clearance for the project soon.
Tata Steel’s request, along with four similar proposals for extensions from other developers, will be considered by the Board of Approval (BoA) at its next schedule meeting. The last extension given to the company will lapse next month.
“Tata Steel SEZ had applied for environment clearance on March 24, 2017 and Coastal Regulatory Zone (CRZ) clearance on July 3, 2017.
The formal approval letter of EC & CRZ clearance is expected by end of November, 2017 post which the infrastructure development activity would be taken up,” the company said in its submission to the BoA pointing out the reason for the delay in the project.