New Delhi, July 7, 2008: The Adani Group today moved the Supreme Court seeking vacation of the stay order that stalled work at its Rs 7,400-crore multi-product Special Economic Zone in Gujarat.
A bench headed by Justice Altamas Kabir posted the matter for hearing on Wednesday after the Adani group mentioned it.
The bench, 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 Rs 7,400 crore. - PTI
Source: The Hindu Business Line
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