Reliance [Get Quote] Power, an Anil Dhirubhai Ambani group company, has got possession of 1,800-acre land required for its power plant in Krishnapattnam.

The land will be sufficient to begin work for the main plant and related facilities, and a further 700-acre land for residential and ash ponds will be acquired soon. 

The land was acquired by the Andhra Pradesh government and handed over to a special purpose vehicle created for Coastal Andhra Power, said a source.

The SPVs are created by the central government to facilitate faster implementation of Ultra Mega Power Project, each with a capacity of 4,000 MW.

These SPVs, which will get government and regulatory approvals, are transferred to companies after they won the bidding. Thus, CAPL is now a wholly-owned subsidiary of Reliance Power.

The acquisition is in sharp contrast to the problems faced by the Tata Group at Singur. Tata Motors [Get Quote] have stopped work at the plant because of protest against the land acquisition.