Power Grid Corporation of India Limited — JV/Acquisition, 03-02-2026: Acquisition

POWERGRID has acquired SR and ER Power Transmission Limited (SRERPTL) for approximately Rs. 19.63 Cr, securing a 100% stake. This strategic move strengthens POWERGRID's inter-regional grid by adding 765 kV transmission lines across Odisha & Andhra Pradesh. Acquired via competitive bidding on a build, own, operate, and transfer (BOOT) basis, SRERPTL will expand POWERGRID's core power transmission business. This acquisition enhances the company's network and future operational capacity in key regions.