Reliance Power opts out of gas-fired power plant in Dadri, to return land.

Reliance Power recently told the Supreme Court that it wasn't interested in setting up its ambitious gas-fired power plant in Dadri, Uttar Pradesh, any more and would return about 956 acres of land acquired for the company to the state government.

The land has been mired in legal wrangles, with the Allahabad High Court on December 5, 2009, quashing a state move to acquire the land through an emergency clause. This allows the state to waive a clause in the law that mandates the seeking of objections from farmers before acquiring their land.

The judgement made it mandatory for the state government to go back and get a no-objection certificate (NOC) from each seller or get them to return the compensation received to the government.

Reliance Power and the state government had both contested the high court ruling.


ET