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HomeNATIONIn the midst of Hindenburg row, Adani Group seeks land for SEZ,...

In the midst of Hindenburg row, Adani Group seeks land for SEZ, township from Gujarat Government

During Budget debate in the state Assembly, while responding to a query raised by Aan Aadmi Party MLA Hemant Ahir, Gujarat CM Bhupendra Patel informed that Adani Group had sought 94,000 square miles of grazing and non-arable land from the state government in order to build a township and a special economic zone.

Gujarat CM Patel informs state assembly that Adani Group has sought land for township and SEZ

CM Patel who also handles revenue portfolio, stated in the Assembly that Adani Group had sought 93,900 square metres of land in Khodiyar village in Ahmedabad and Dantali village in Gandhinagar.

Patel also presented his written reply to the assembly , through which he informed the House that the Adani Group had sought this land in exchange for its own plots of equal area in these villages. Further he also informed that Adani Group sought 202 square metres of non-arable land in Jaspur village in Gandhinagar without this exchange mechanism.

Gujarat CM also informed that Adani Group also wants land in Ahmedabad district to “develop a Special Economic Zone as part of its state-of-the-art township” while land in Gandhinagar district has been sought for this purpose.

Adani-Hindenburg Row

On January 24, Hindenburg had released a research report on Adani Group, which claimed it of doing “stock manipulation” and accounting fraud for more than ten years. Hindenburg had claimed that Adani Group was involved in “brazen stock manipulation and accounting fraud scheme”.

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