Rescinds the sector specific Special Economic Zone for Boltech at Village Pregnapur, Gajwel Mandal, Medak District in the State of Andhra Pradesh - S.O.932(E) - Special Economic Zone

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION 27/04/2012 S.O.932(E) - Whereas, M/s. Vivo Biotech Limited, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005) (hereinafter referred to as the said Act), to set up a sector specific Special Economic Zone for Boltech at Village Pregnapur, Gajwel Mandal, Medak District in the State of Andhra Pradesh; And whereas, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the said Act , read with rule 8 of the Special Economic Zones Rules, 2006 , had notified an area of 10.926512 hectares at above location as Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O.347(E), dated 27th January, 2009 ; And, whereas, M/s.Vivo Biotech Limited has proposed to de-notify the entire area of 10.926512 hectares of the above Special Economic Zone and the Central Government has granted letter of approval for de-notification of above area on 29th September, 2011; Now, therefore, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules, 2006 the Central Government hereby rescinds the above notification except as respects things done or omitted to be done before such recession.