November 22, 2008

Mundra Port - Updates

Mundra Port & Special Economic Zone Limited, in a recent press release, said that "We understand from media reports that an exparte stay has been granted by Supreme Court against carrying out construction activities in SEZ at Mundra.”

The release added that “We are awaiting the papers from Supreme Court. We have complied with various procedures and formalities for setting up SEZ at Mundra and will submit the details to the Supreme Court shortly with a request to vacate the exparte stay. The port at Mundra is operating normally."