Adani Seeks Partial De-Notification of Mundra SEZ; Ministry to Review
ECONOMY & POLICY

Adani Seeks Partial De-Notification of Mundra SEZ; Ministry to Review

Adani Ports & Special Economic Zone Ltd (APSEZ) has approached the central government, seeking the partial de-notification of 333.74 hectares out of its 8,282.77-hectare multi-product SEZ at Mundra, Gujarat. The proposal will be reviewed by the Board of Approval (BoA), the apex body for SEZs, chaired by Commerce Secretary Sunil Barthwal, during a meeting.

According to the meeting agenda, the request stems from challenges faced by units in the Electronics Manufacturing Cluster (EMC) within the SEZ, primarily due to intense competition in the solar market and large-scale dumping of solar equipment into India. These factors have rendered operations in the EMC economically unviable.

Mundra Solar Technopark, a co-developer, has requested the de-notification of the EMC area on an 'as-is-where-is' basis, citing the need for units to exit the SEZ format to remain viable. Gujarat state authorities have raised no objections to the proposal and have urged the application to be processed. The development commissioner of APSEZ has also supported the request.

As per SEZ Rules, 2006, the central government, upon the BoA’s recommendation, can modify or withdraw SEZ notifications if satisfied with the developer's application.

The BoA will also consider an extension request from Mundra Petrochem Ltd, APSEZ, for its Letter of Approval (LOA), originally issued in December 2021. The extension is sought due to delays caused by the COVID-19 pandemic. The project, which was rescheduled, is now reportedly progressing at full capacity.

SEZs, significant contributors to India's export economy, accounted for over one-third of the country's total exports in the previous fiscal year. Of the 423 approved SEZs in the country, 280 are operational, hosting 5,711 approved units. These zones operate as export hubs, treated as foreign territories for trade and customs purposes, with restrictions on duty-free sales within the domestic market.

(ET)
           

Adani Ports & Special Economic Zone Ltd (APSEZ) has approached the central government, seeking the partial de-notification of 333.74 hectares out of its 8,282.77-hectare multi-product SEZ at Mundra, Gujarat. The proposal will be reviewed by the Board of Approval (BoA), the apex body for SEZs, chaired by Commerce Secretary Sunil Barthwal, during a meeting.According to the meeting agenda, the request stems from challenges faced by units in the Electronics Manufacturing Cluster (EMC) within the SEZ, primarily due to intense competition in the solar market and large-scale dumping of solar equipment into India. These factors have rendered operations in the EMC economically unviable.Mundra Solar Technopark, a co-developer, has requested the de-notification of the EMC area on an 'as-is-where-is' basis, citing the need for units to exit the SEZ format to remain viable. Gujarat state authorities have raised no objections to the proposal and have urged the application to be processed. The development commissioner of APSEZ has also supported the request.As per SEZ Rules, 2006, the central government, upon the BoA’s recommendation, can modify or withdraw SEZ notifications if satisfied with the developer's application.The BoA will also consider an extension request from Mundra Petrochem Ltd, APSEZ, for its Letter of Approval (LOA), originally issued in December 2021. The extension is sought due to delays caused by the COVID-19 pandemic. The project, which was rescheduled, is now reportedly progressing at full capacity.SEZs, significant contributors to India's export economy, accounted for over one-third of the country's total exports in the previous fiscal year. Of the 423 approved SEZs in the country, 280 are operational, hosting 5,711 approved units. These zones operate as export hubs, treated as foreign territories for trade and customs purposes, with restrictions on duty-free sales within the domestic market.(ET)           

Next Story
Equipment

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

Next Story
Equipment

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

Next Story
Equipment

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App