compensation for expropriation

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Landowners to receive higher compensation for expropriation

Finland’s Act on the Redemption of Immoveable Property and Special Rights was amended at the beginning of August. Fingrid will now pay an additional 25 per cent for expropriation on top of the full compensation based on market value.

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Compensation for expropriation is the sum of many parts

When Fingrid executes transmission
line projects, it redeems the right to build transmission lines from private landowners. The company pay compensation in an amount determined by the National Land Survey of Finland.