The state cabinet revises land acquisition compensation rules while introducing complete stamp duty waivers to accelerate renewable energy investments.
By DW Pulse | Mumbai โ August 12, 2026 โ The Maharashtra Cabinet has approved major policy amendments, updating provisions under the land acquisition framework and incentivizing the green energy sector. Officials announced that the state will raise interest rates on delayed land compensation and eliminate stamp duty barriers for renewable energy projects.
Key Highlights
- Interest rates for delayed land acquisition compensation increased to one percentage point above the Reserve Bank of India commercial lending rate.
- Complete stamp duty waivers cleared for internal land transfers linked to renewable energy infrastructure development.
- Policy changes aim to expedite infrastructure delivery while strengthening Maharashtra’s green energy footprint.
Reforming Land Acquisition Compensation
Under the revised framework, state authorities aim to ensure stricter accountability and timely financial relief for landowners affected by public and industrial projects. By tying penalty interest rates directly to the Reserve Bank of India’s commercial lending rates, the administration seeks to minimize administrative delays and legal bottlenecks associated with compensation disbursements.
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Boosting Renewable Energy Growth
To accelerate the state’s transition toward sustainable power generation, the Cabinet authorized full stamp duty exemptions for internal land transfers required by renewable energy developers. Industry stakeholders have welcomed the move, noting that removing friction in land aggregation will fast-track solar and wind energy installations across strategic regional hubs.