The company owns the Pinewood, Shepperton and Teddington facilities, making it Europe's largest provider of stage and studio space.
Spelthorne Borough Council said it had concerns about pollution and safety issues at the Eco Park in Shepperton.
Pinewood Shepperton, the film and television studios group, has said it will invest millions of pounds in British films.
Spelthorne Borough Council, which had opposed the plan, said the environmental permit cleared the way for Sita to build and operate the Eco Park in Shepperton.
The former Channel 4 boss, who remains executive chairman of Pinewood and Shepperton Studios and chairman of the Octopus publishing group, is also likely to use his broadcasting experience to lobby for a relaxation of the rules restricting the way television can cover lottery draws.
"Today's agreement is another step forward for the Pinewood brand internationally, " said Ivan Dunleavy, CEO of Pinewood Shepperton PLC, which has studios in the United Kingdom, Canada, the Dominican Republic, Germany and Malaysia.
Leaving Shepperton, B crossed the Thames to the nearby town of Walton.
He drove into Shepperton, broke a window of the supermarket, and collected several cartons of canned meat and vegetables, rice, and sugar.
The period drama Belle began production in the Isle of Man on 24 September and was the island's first collaboration with Pinewood Shepperton studios.
Proposals for the "Eco Park" at Charlton Lane, Shepperton, were backed by Surrey County Council earlier.
News that a further planning application was imminent was revealed at the group's Annual General Meeting on Tuesday by Pinewood Shepperton Plc chairman Michael Grade.
In June 2012, the Manx parliament approved proposals for a multi-million pound deal with Pinewood Shepperton studios.
The day before Milly disappeared, Rachel Cowles, 11, was offered a lift in a red car in Shepperton, Surrey.
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