Matching equity released against the land transfer

2 784.83INR crore

Matching equity released against the land transfer, 30 June 2026, tagged OFFICIAL. Recorded in dmu-latest.pdf, p1.

Equity released against land transfer. This is the closest thing to a money-released figure in the Dholera section.

Cash equity released to the project company to match the land the State put in. It happens to carry the same rupee value as the approved tender packages, which makes the two easy to confuse and worth keeping apart: one is a sanction to build, the other is share capital paid in. The company's share register reconciles this figure exactly to the central government shareholder.

What this figure does not tell you

Equity released is money inside the company. It says nothing about what the company has spent, and the reports publish no spending line to set against it.

How the source words it

matching equity amounting to Rs. X Crore has been releasedWording as it appears in the Delivery Monitoring Unit proforma. X and N stand for the printed figures.

This quantity did not change in any of the 8 readings held here, from 30 June 2025 to 30 June 2026. That is a finding rather than an absence of one: the same figure was re-published every time the report was issued. A register records repetition as carefully as it records movement, because a figure that has not moved in a year is the answer to a question people keep asking about this project.