Coca-Cola has decided not to proceed with the proposal to expand its Mehdiganj unit near Varanasi, stuck for want of regulatory clearances and other legal trouble, spurred by public protest at alleged over-exploitation of ground water...Hindustan Coca-Cola Beverages Pvt Ltd, bottling arm of Coca-Cola, has written to Alok Ranjan, chief secretary, Government of Uttar Pradesh, stating...inordinate delay in receiving of the no-objection certificate, causing delay in expansion of capacity, leading to financial losses, we have decided not to pursue the expansion at Varanasi...said it will explore options to relocate the line within Uttar Pradesh after taking all regulatory approvals