Finance

Land acquisition for Adani’s solar park underway in TN

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Ramanathapuram: Business conglomerate Adani Group has started acquiring land for setting up a solar park in Tamil Nadu tipped to be among the world’s largest at an outlay of Rs 4,536 crore.

According to District officials, the group require 4,000 acres of land on lease for setting up the 648 mw solar power plant and of this 300 acres has already been acquired.

On July 4, state-run TANGEDCO (Tamil Nadu Generation and Distribution Corporation) and the Adani Group signed an agreement for purchase of the entire power to be produced from the five solar power generation centres, proposed in Kamudhi in the district.

District Collector K Nandhakumar said, the company is acquiring it on lease and ownership basis from private owners. The district administration has nothing to do with it, District Collector K Nandhakumar said.

According to officials, only barren lands are being acquired from individuals.

Revenue officials said that so far 300 acres have been acquired in Kamuthi block by the Adani Green Energy (Tamil Nadu) Limited, but were tightlipped about the price at which it was acquired.

The land has been purchased in Sengapadai, Pudukottai, M Karisalkulam, Mudhal Naadu and Kamudhi villages in Kamudhi taluk.

The District Collector said no government land was being given to the group for setting up the plant.

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Nagaraju Tadakaluri
Nagaraju Tadakaluri is a Professional Web Designer, Freelance Writer, Search Engine Optimizer (SEO), Online Marketer, Multi Level Marketer (MLM) and Business Promoter. Have developed Latest Updates in hopes to educate, inform and inspire.

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