Archive · 13 Sep 2025
Govt. Releases Funds for Land Acquisition, Farmers Compensated
The government is paying farmers in Karedu village money for their land.
They are acquiring the land to build a factory that makes solar panels.
So far, the government has given out over 62 crores to 139 farmers.
The government is acquiring a total of 1,265 acres from 635 farmers.
The recent payment involved 38 farmers.
Each farmer will receive 20 lakhs for each acre of land.
The government has faced resistance from local farmers and opposition parties.
The local administration is setting up an office for land acquisition soon.
The government released Rs 29.57 crores in the third phase of compensation.
The funds are for land acquisition in Karedu village.
A total of Rs 62.38 crores has been paid to 139 farmers across three phases.
Land is being acquired for a Solar Module Manufacturing Plant (SMMP).
Farmers receive Rs 20 lakhs per acre, and job opportunities.
- Who
- Government, farmers, Indosol Solar Private Limited
- What
- Release of compensation for land acquisition
- When
- Ongoing, with the latest release on Friday
- Where
- Karedu village, Kandukur mandal, Ulavapadu mandal, Nellore
- Why
- For establishment of a Solar Module Manufacturing Plant (SMMP).
- Total Compensation Released
- Rs 62.38 crores
- Land Acquisition Purpose
- Solar Module Manufacturing Plant (SMMP)
- Farmers Compensated (Phase 3)
- 38
- Land Acquired (Phase 3)
- 136.62 acres
- Compensation Per Acre
- Rs 20 lakhs
- Total Land to be Acquired
- 1,265 acres
- Total Farmers Affected
- 635