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Adani projects flounder on security

Adani projects flounder on security

The Adani Group-promoted Mundra Port SEZ has not been able to bid for at least four major port projects because of the Centre withholding security clearance. In the last few months, the Rs 2,000-crore subsidiary of Adani Enterprises has been denied this mandatory nod for two projects at JNPT, one each in Visakhapatnam and Kandla. The company has moved the Bombay High Court.

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