Two new SEZ projects are slated to come up at the Kandla Special Economic Zone (KASEZ), Asia’s first export processing zone located in Gujarat, with proposals under active consideration by the Board of Approval. The projects have got inprinciple approvals by the Gujarat government. Of the two, a project proposed by Essar Power SEZ will have an initial investment of Rs 50 crore while the other, proposed by Arham SEZ (I) Pvt. Ltd. is pegged at Rs. 230 crore. According to details shared at a programme organised by KASEZ in Ahmedabad on Wednesday, Essar Power Limited has proposed a sector-specific biofuels and biorefiner SEZ in Khambhalia taluka and Arham SEZ (I) Pvt. Ltd has proposed a large multi-product SEZ at Vadala village.