ORDER :

P Naveen Rao, J.

Heard learned counsel Sri Duvva Pavan Kumar for petitioner, learned Special Government Pleader attached to the Office of learned Advocate General for respondents.

2. The Government of Andhra Pradesh when it was a combined State, envisaged establishment of ‘Fabcity’. It was a unique concept for the first time ever in the country. For this purpose, it has identified Acs.1200 of land in Srinagar and Raviryala villages. With keen interest to establish semi conductor industry in India, Government has entered into Memorandum of Understanding (MoU) on 16.2.2006 with M/s.SemIndia, a company incorporated in USA for establishment of assembling, testing, marking and packing (ATMP) semiconductor manufacturing unit and semiconductor plant in ‘Fabcity’, Hyderabad.

3. G.O.Ms.No.94 Industries & Commerce (INF) Department dated 28.4.2007 was issued for establishment of semi conductor unit by M/s. SemIndia Fab Pvt. Ltd., extending certain incentives/concessions subject to compliance of specified terms and conditions by the company. In terms of the said Government Order, Acs.100 of land was allotted to petitioner-M/s. SemIndia Fab Pvt. Ltd., on lease basis for a period of 66 years