-5.70 (-1.66%) NTPC’s Rs 9,400-crore Solapur thermal power project is facing trouble from farmers and villagers, who had sold their land to the company seeking higher compensation. A state run firm is developing 1,320-MW at Fatatewadi village in Solapur district of Maharashtra, which includes two units of 660 MW each.
The company had paid the compensation depending on the fertility of the land, rates from Rs 3 lakh to Rs 6 lakh per acre to the farmers. But farmers now want Rs 8 lakh per acre as additional compensation, which the company is not willing to give.