Government of India cancels SEZs of Hindalco, Essar, Adani

Government cancels SEZs of Hindalco, Essar, Adani New Delhi, September 29 The government has cancelled approvals of nine special economic zones (SEZs), including that of Hindalco Industries, Essar and Adani, as no “satisfactory” progress was made to execute the projects. The decision was taken in the meeting of the Board of Approval (BoA) headed by... Continue Reading →


SEZ: Govt gives time to 33 developers for executing projects

Seeking more time for developing projects and surrendering them reflects lack of enthusiasm in the tax-free enclaves New Delhi, July 15 (PTI) The government has given more time to 33 special economic zone developers, including Uttam Galva Steels Ltd, Unitech Infracon and GMR Hyderabad International Airport Ltd, to execute their projects. At a meeting on July... Continue Reading →

SEZ: OPG Power gets in-principle nod for SEZ in Mundra

OPG Power Gujarat Private Limited, a subsidiary of London-based power player, OPG Power Ventures PLC has received the in-principle approval to set up a sector-specific special economic zone (SEZ) for power at Bhadreshwar, Mundra in Kutch district in Gujarat. The SEZ board of approval (BoA) has granted the in-principle approval to the company at its... Continue Reading →

Maharashtra: SEZ: Mihan ousters to get Rs 1.5cr per hectare

The state government has finally gave an approval to what can be termed as the highest-ever compensation for project affected persons (PAPs) in the state. The Maharashtra Airport Development Company (MADC) has got the green signal to go ahead with disbursal of Rs1.5 crore per hectare to ousters in Jaitala and Bhamti villages. The figure... Continue Reading →

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