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Leasing of Assigned Lands to Renewable Energy Projects in Andhra Pradesh

Sector: Water Supply and Storage • Location: Vijayawada, Andhra Pradesh, India

Source: Times of India

Project
Planned

The Andhra Pradesh government is introducing an ordinance to allow assigned landholders to lease their lands to renewable energy companies. This policy aims to increase land availability for renewable energy projects such as solar, wind, pumped storage, and Compressed Biogas (CBG), while providing a steady income to poor assignees whose lands are not cultivable or lack water resources. The leasing

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The project “Leasing of Assigned Lands to Renewable Energy Projects in Andhra Pradesh” is an infrastructure initiative in the Water Supply and Storage sector, located in Vijayawada, Andhra Pradesh, India. Taiyo aggregates data on it from Times of India.

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planned

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Description

Description

The Andhra Pradesh government is introducing an ordinance to allow assigned landholders to lease their lands to renewable energy companies. This policy aims to increase land availability for renewable energy projects such as solar, wind, pumped storage, and Compressed Biogas (CBG), while providing a steady income to poor assignees whose lands are not cultivable or lack water resources. The leasing process will be regulated through the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) or a newly constituted board. A minimum lease amount of Rs 30,000 per acre has been fixed, with a 5% increase every two years.

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High

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100%

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