Approval of Central Government for setting up of an industrial park by the L & T Infocity Ltd, Hyderabad

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..... dated the 1st December. 1999 for the period beginning on the 1st day of April, 1997 and ending on the 31si day of. March. 2002; And whereas M/s L & T Infocity Limited, Hyderabad having Its registered office at 1Q4-A1, First Floor, Cyber Towers, HITEC City. Madhapur, Hyderabad - 500 033 has developed, maintains and operates an industrial park; And whereas the Central Government had approved the said Industrial Park subject to terms and conditions specified in the Schedule to the notification dated the 22nd May, 2001 vide number S.O. 447(E); And whereas, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the said Act, the Central Government had notified the undertaking, developed and being maintained .....

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..... other technical consultancy activities, (v) Percentage of allocable area ear-marked for industrial use: 91% (vi) Percentage of allocable area ear-marked for commercial use.: 09% (vii) Proposed No. of industrial units Total investments proposed: 50 units (viii) Total investments proposed: Rs.281.0 Crore. (ix) Investment on built up space of Industrial use: Rs.220.0 Crore (x) Investment on Infrastructure Development: Rs.258.0 Crore including investment on built up space for industrial use (xi) Actual date of commencement of the Industrial Park: 01.04.1998(Phase I) 31.03.2002(PhaseII) 2. The minimum percentage of the area to be allocated for industrial use shall not be less than 66 percent of the total allocable area. The allocable a .....

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..... treatment facility, generation and distribution of power for use of the units to be located in the industrial model town or industrial park. telecom network etc. and such other facilities as are for common use for industrial activity which are identifiable and are provided on commercial terms. 7. No single unit in any project shall occupy more than 50 percent of the allocable industrial area of an industrial model town or industrial park. For this purpose a unit means a separate taxable entity. 8. Approval for Foreign Direct Investment or Non-Resident Indian Investment by the Foreign Investment Promotion 'Board or Reserve Rank of India shall be taken separately as per the policy and procedure in force. 9. L & T Info city Limited, Hydera .....

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