The Ministry of Commerce has cancelled the Adani Group’s SEZ expansion plans at Mundra, Gujarat for alleged violation of three SEZ rules.
The ministry has denotified 1,840 ha land for multi-product SEZ. The cancellation was done on the grounds that Adani Ports and Special Economic Zone did not conform to contiguity norms and violated a rule which requires the SEZ site to be vacant before approval is sought for the tax-free zone. Besides, the site was land-locked. However, the company has clarified that it already has over 6,473 ha of notified land as multi-product SEZ, which has no relation with the aforesaid 1,840 ha land for the SEZ.
However, the company can approach again the Board of Approval in the Commerce Ministry to seek fresh permission.