Andhra Pradesh permits leasing of assigned land

Change
Andhra Pradesh permitted leasing of assigned lands to renewable energy companies.
Andhra Pradesh permits leasing of assigned land
Why it matters
Andhra Pradesh holds 36.36 lakh acres of assigned land. Of that, 13.62 lakh acres are identified as eligible for freehold status and 9.93 lakh acres have been converted. About 26.43 lakh acres are allocated for exclusive leasing to renewable energy companies for solar, wind, compressed biogas (CBG), and pumped storage projects. Leasing will be administered through the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) or a soon-to-be-established Rural Development Board.
Implications
  • Leasing administration will be centralized through NREDCAP or the Rural Development Board.
  • Assigned-land records will be segmented into freehold-eligible, converted, and lease-available categories for implementation.

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Source

The Hindu

Topics

Policy & Regulation Agriculture Renewable Energy

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