Deal #568

Location #1

Spatial accuracy level
Administrative region
Location
Hazira, Gujarat, India

Target country
India
Comment on location
Gujarat, Surat, Hariza Coordinates: 21.350781, 72.817383

Land area

Intended size (in ha)
1600.0
Comment on land area
was denotificated from SEZ in 2010 due to adverse effects

Intention of investment

Intention of investment
Other (please specify)
Comment on intention of investment
Multi-product Special Economic Zone

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
Concluded (Oral Agreement)

Implementation status

Implementation status
[2006-01-01] Startup phase (no production)
[2010-01-01] Project abandoned
Comment on implementation status
Essar had set up four units at the SEZ in Hazira to consolidate steel exports, in view of buoyancy in the steel industry in 2006. Government has allowed Essar Steel to surrender its sector-specific SEZ in Gujarat as the developer is facing an exodus of units from the zone.

Contract farming

Contract farming
No

Operating company

 

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Data source #1

Data source type
Personal information
Comment on data source
Social Development Foundation, Delhi

Data source #2

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #3

Data source type
Government sources
File

Data source #4

Data source type
Media report
File
Date
2012-07-15

Data source #5

Data source type
Media report
File

Nov. 23, 2020, 3:28 a.m.

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Dec. 9, 2015, 3:39 p.m.

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April 28, 2014, 4:27 p.m.

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May 13, 2013, 1:21 a.m.

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Feb. 15, 2013, 5 p.m.

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