The government will consider GAIL India’s exit application from the ‘port special economic zone (SEZ)’ developed by Cochin SEZ in Puthuvypeen this week and take an “appropriate’’ decision.
However, it may reject the request for de-notification of the area, if it goes by the advice of the Development Commissioner (DC) of the zone.
The Board of Approval (BoA) for SEZs, which will take up GAIL’s application for exit from the SEZ and de-notification in its meeting on Tuesday, will also consider a host of other proposals including extension of validity of formal approvals for some other SEZs.
