For its special economic zone (SEZ) at Mundra in Gujarat, Adani Ports and Special Economic Zone is seeking additional land from the Union government. Adani Ports has 6,700 hectares of land that is notified and it has asked the government for another 1,800-1,900 hectares of land, the company said.
In a SEZ, companies get tax incentives from the government for their business in a SEZ (special economic zone) Adani Ports and SEZ reported over 24 per cent jump in consolidated net profit at Rs 341.83 crore for the quarter ended September 30, 2013.