ALPHA TRIBE

G R Infraprojects LimitedJV/Acquisition, 30-09-2025: Acquisition

30-09-2025 | 12:03 pm

GRINFRA has fully acquired Rajgarh Neemuch Power Transmission Limited (RNPTL) for 18.88 Cr. This strategic move allows GRINFRA to undertake a significant project to evacuate power from large Renewable Energy (RE) projects in Rajgarh (1500 MW) and Neemuch (1000 MW) SEZs in Madhya Pradesh. RNPTL is now a wholly-owned subsidiary, solidifying GRINFRA's presence in the power transmission sector and expanding its role in India's growing renewable energy infrastructure. This acquisition enhances GRINFRA's project execution pipeline in a critical growth area.

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