Wednesday, 17 October 2012

Government cancels Adani Group SEZ project at Mundra

Adani Group had a proposal of 1,840 hectare multi-product Special Economic Zone at Mundra. On charges of violations of many norms, the Government has cancelled the project. The commerce ministry official pointed out three norms which have been violated. First, the proposed area for the project must be contiguous; second, the site must be vacant before approval is sought and, third, the site is land-locked without proper transport. The official said: “They had violated these three norms. Because of this, we have denotified their SEZ”.  An Adani Port and SEZ spokesperson said that the company already has 6,473 hectare land notified as multi-product Special Economic Zone. He added: “We had sought clearance for this additional land measuring 1,840 hectare for expansion in future. The clearance was turned down as the authorities felt that the proposed area lacked contiguity. We will seek clearance for this additional 1,840 hectare in due course”. To obtain fresh permission, the government official said that “the project developer can approach the Board of Approval in the Commerce Ministry again”.




No comments:

Post a Comment