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Supreme Court vacates stay on Adani’s Gujarat SEZ

Supreme Court vacates stay on Adani’s Gujarat SEZ
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First Published: Wed, Jul 09 2008. 02 08 PM IST
Updated: Wed, Jul 09 2008. 02 08 PM IST
PTI
New Delhi: In a major relief to Adani Group, the Supreme Court the stay order that stalled work at its Rs7,400-crore multi-product Special Economic Zone (SEZ) in Gujarat.
A bench headed by Chief Justice K G Balakrishnan, while dismissing the petition of fishermen as withdrawn, asked the Adani Group not to fill the creeks.
The apex court, on a plea by fishermen that the project would affect their livelihood and flora and fauna in the region, had last week directed the parties to maintain status quo with regards to all activities taking place on the land.
It had also issued notice to the ministries of commerce, and environment and forest, the Gujarat government, Mundra Ports and Special Economic Zone, the Adani group and others.
Mundra SEZ, established under the SEZ Act of 2005, is proposed to come up in about 6,000 acres of land with a total investment of Rs7,400 crore.
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First Published: Wed, Jul 09 2008. 02 08 PM IST