A public interest litigation (PIL) was filed in the Gujarat High Court alleging wide-spread commercial activities in the special economic zone (SEZ) of Adani Port and Special Economic Zone (APSEZ) in Mundra, Kutch. The PIL, filed by the people of Navinal village claims that the Adani Group firm was working on some construction projects in the area despite court's order of May 9, 2012, restricting any kind of construction or deve
Tag: Special Economic Zone
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Govt’s nod to RIL to surrender SEZ in Haryana
The Union government has allowed Mukesh Ambani owned by Reliance Industries to surrender its special economic zone (SEZ) in Haryana. The decision to de-notify Reliance Haryana SEZ, a unit of RIL, was taken by Board of Approval (BoA), headed by Commerce Secretary SR Rao, in its meeting on June 12.
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Centre may drop SEZ policy
The Union government is finally planning to do away with the Special Economic Zone (SEZ) programme it had launched in 2006 with much fanfare. While the existing SEZs will continue to remain operational, those approved might not be notified and developers be allowed to utilise the land for other purposes. It is expected that the government's decision comes in the wake of a series of controversies and scams plaguing the SEZ programme.
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Dighi Port to invest upto Rs 18 bn to develop infrastructure
Dighi Port, the first and the largest greenfield port of Maharashtra, is located at a distance of 42 nautical miles (NM) from Mumbai Port and 170 km south of Mumbai by road.
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‘Govt is studying SEZ developers’ demands’
The Union Ministry of Commerce has said recently that concerns of developers and units in revamping the SEZ (special economic zone) Act has been taken seriously by the government. After taking into consideration the views, concerns and opinions of various stakeholders, the Department of Commerce has now submitted its report and it is under the active consideration of the Union Government, Madhusudan Prasad, Additional Secretary, Union Ministry of Commerce said.
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Govt grants SEZ notification to Infosys for Indore project
Infosys has received a notification for its proposed special economic zone (SEZ) in Super Corridor area of Indore. The notification was issued by the Union Ministry of Commerce and Industry recently. However, the notification is yet to find mention in the gazette and it was likely to happen within a week's time, said sources. In case of TCS, it will take few more days for getting the notification, he said.
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Board gives one year for Posco’s Rs 530 bn SEZ project
Media reports suggest that the Board of Approval (BoA) for Special Economic Zone (SEZs) decided to give South Korean steel giant Posco one more year to start work on its proposed multi-product SEZ in Odisha. The company's proposed Rs 53,000 crore multi-product SEZ project in Odisha failed to take off as it is unable to acquire the required land in
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Mundra to handle 100 mt cargo
Mundra Port and Special Economic Zone expects to handle 100 million tonne of cargo through its operations in Gujarat in the next financial year starting April 2012.
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Brighton is setting up nuclear reactor making plant at Vizag
Brighton Group of USA signed a memorandum of understanding with the Andhra Pradesh government for setting up a Rs 2,880 crore nuclear power equipment manufacturing facility near Visakhapatnam.