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 →

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Press Statement: CAO found IFC made serious lapses in funding Tata coal plant

Machimar Adhikar Sangharsh Sangathan, Mundra, Kutch, Gujarat, India Press Statement | October 24, 2013 CAO found IFC made serious lapses in funding Tata coal plant; President Kim rejects expert findings, thwarts further action  The International Finance Corporation (IFC) broke its own social and environmental rules, says the Compliance Advisor Ombudsman (CAO) which released an investigation report... 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 →

Justice MB Shah receives another complaint in alleged land scam

Justice MB Shah commission that looks into 14 graft cases has got another participant earlier this week. A litigant in the Gujarat high court against the alleged violation of norms in the Adani Port Special Economic Zone (APSEZ) - Naran Gadhvi has filed an affidavit before the Shah commission. Gadhvi claimed that he could throw light... Continue Reading →

Proposal to ban SEZ on tribal land, farms

A ban has been proposed on the setting up of special economic zones (SEZ) on land in tribal areas and agricultural land. A meeting today between rural development minister Jairam Ramesh and unofficial members of the National Council of Land Reforms (NCLR) also suggested that homeless rural people should be given homestead land. http://www.telegraphindia.com/1120627/jsp/nation/story_15662405.jsp#.T-roxhce764

MSEZL is building a 10 km pipeline-cum-road corridor

Mangalore Special Economic Zone Limited (MSEZL), a notified sector-specific petrochemical SEZ in Karnataka, is setting up a 10-km direct pipeline-cum-road corridor connecting MSEZL units to the New Mangalore Port, said a press release issued on Monday by Rajiv Banga, MD and CEO, MSEZL. http://www.thehindu.com/news/cities/Mangalore/article3519024.ece

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