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Reliance SEZ put on hold

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As per the sources available to www.propertykhazana.com, 1,200 acres SEZ was planned by Anil Ambani Group has drooped in to midpoint owing to recent political war in Lucknow and venture was planned in Noida. UP Cabinet, headed by the new CM Mayawati had set obstacles into the enduring venture and decided to tell the centre that the plans did not meet the exact rules of ‘contiguous land’.
Further it is reported at the www.propertykhazana.com that before the proposed SEZ was given all the nods from the former chief minister Mulayam Singh headed Govt. and project was waiting for the sanction from the Central Govt. State Govt. had told its condition to centre over the venture and property rules were not under the planned property acquirement for the venture. Certainly, road exceed through the recognized property, said UP Cabinet secretary Shashank Shekhar Singh.
3 member committee headed by the chief secretary was created to examine every SEZ ventures coming up in state. Other ventures were taken by Hi-Tech City Policy which was also examined. Anil Ambani had some proposals to rise up with other ventures in UP and venture about 3,740 MW gas based power plant in Dadri has already been completed owing to some troublesome matters over gas supply from Mukesh Ambani controller of Reliance Industries gas fields. He had purchased Rosa Power Plant from Aditya Birla Group in November and REL had also signed a power purchase agreement (PPA) with state Govt. for setting up of 600 MW Rosa Power Plant on November 12th 2006 only, said a source to the www.propertykhazana.com.

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