Power Grid Corporation of India Limited — JV/Acquisition, 29-05-2026: Acquisition

POWERGRID has acquired Tumkur II RE Transmission Limited (TRETL) for approximately Rs. 15.46 Cr, securing a 100% stake. This strategic move strengthens the transmission system at Tumkur-II in Karnataka, facilitating the integration of an additional 2.7 GW of renewable energy. The project involves a crucial 400 kV D/c Transmission Line and related augmentation works. This acquisition aligns with POWERGRID's core business, enhancing its infrastructure and supporting India's green energy transition.