Power Grid Corporation of India Limited — JV/Acquisition, 29-07-2026: Acquisition

POWERGRID has fully acquired Bhadla Ramgarh Power Transmission Limited for approximately Rs. 12.86 Cr. This 100% acquisition is a strategic move to establish an Inter-State Transmission System, boosting POWERGRID's network. The deal enhances transmission capacity with augmentation and bay extension works at substations in Bhadla-III (Rajasthan), Ramgarh (Rajasthan), and Kanpur (Uttar Pradesh). This expansion strengthens POWERGRID's core business, solidifying its presence and operational footprint in key regions. The acquired entity is a project SPV, designed to expand POWERGRID's critical power infrastructure.