PowerGrid pays Rs 103-cr compensation for land

Image
BS Reporter New Delhi
Last Updated : Jan 20 2013 | 1:37 AM IST

Country’s largest power transmission company, Power Grid Corporation, has paid about Rs 103 crore as compensation to farmers for land acquisition in the last two years. The land was acquired for construction of sub-stations and compensation was offered according to the demand of the state government, which gives it to the landowners or farmers, the government said in a statement here.

According to figures given by the government, the company has paid a total of Rs 102.91 crore in 11 states as compensation in 2008-09 and 2009-10. The states include – Uttar Pradesh, Uttarakhand, Rajasthan, Haryana, Tamil Nadu, Pondicherry, Madhya Pradesh, Maharashtra, Punjab, Karnataka and Andhra Pradesh.

PowerGrid does not acquire any land for construction of transmission lines. However, for construction of sub-station, land is acquired by the state government concerned according to the Land Acquisition Act, 1894, as amended from time to time, an official statement said.

The statement was issued after farmers registered their protest on the compensation offered by the PowerGrid. According to reports, a group of farmers from Gujarat, in November, had challenged the land acquisition process undertaken by the PowerGrid in the Gujarat high court. This development came after PowerGrid began acquiring land between south Gujarat and Navi Mumbai for its 440 KV line.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 28 2010 | 1:26 AM IST

Next Story