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Power Grid Corporation of India Limited has acquired 100% of Khavda V-B1B2 Power Transmission Limited for approximately ₹6.51 crore. The acquisition, executed under the Tariff Based Competitive Bidding (TBCB) route, aims to enhance transmission capacity at key substations in Gujarat. This strategic move aligns with Power Grid's core operations in power transmission, expected to yield operational efficiencies and support market expansion. Khavda V-B1B2, incorporated in November 2024, is yet to commence commercial operations but presents potential growth in the power sector moving forward.
All announcements from Power Grid Corporation of India Limited