From The Economic Times · ET Bureau · · 1m
Power Ministry Compensation Guidelines
Power ministry releases compensation rules for transmission line landowners.
In brief
Power ministry releases compensation rules for transmission line landowners. The power ministry has issued compensation guidelines for landowners affected by interstate transmission lines, addressing concerns over low circle rates and market value discrepancies. Originally reported by The Economic Times.
Power Ministry Issues Compensation Guidelines
The power ministry has issued new guidelines for compensation to landowners for right of way (RoW) for interstate transmission lines.
Market Value Determination Mechanism
The guidelines lay down mechanisms to determine the market value of land for states that are yet to specify the manner of determining land value.
Compensation Rate Concerns
Many states have not specified the manner of determining the rate, and landowners have raised concerns over compensation still being proposed at unacceptable circle rates which are significantly lower than market rates.
Implementation and Payment Methods
Transmission service providers will submit site-specific plans to the district authority and make payments directly to landowners, preferably through Aadhaar-enabled payment systems.
What it means
The power ministry has issued compensation guidelines for landowners affected by interstate transmission lines, addressing concerns over low circle rates and market value discrepancies.
