Power Grid Corporation of India Limited — JV/Acquisition, 12-02-2026: Acquisition

POWERGRID has acquired Bellary Davanagere Power Transmission Limited (BDPTL) for approximately Rs. 13.02 Cr, securing a 100% stake. This strategic move bolsters India's power transmission infrastructure, specifically enabling the integration of 3 GW of additional renewable energy potential from Davanagere and Bellary. The project includes a 400 kV D/c transmission line in Karnataka, reinforcing POWERGRID's core business and its role in green energy integration.