Power Grid Corporation of India Limited (POWERGRID)
Acquisition of Krishnagiri REZ Transmission Limited by POWERGRID under TBCB route.
Acquisition of Krishnagiri REZ Transmission Limited by POWERGRID under TBCB route
- POWERGRID acquired 100% stake in Krishnagiri REZ Transmission Limited on 03.08.2026
- Acquisition value approx Rs. 19.82 Cr including equity shares and assets/liabilities
- Project involves 2 new 765/400kV substations in Andhra Pradesh and transmission lines across AP, Telangana, Karnataka
- Krishnagiri REZ Transmission Limited incorporated on 29.04.2026; no turnover yet
- Regulatory approvals for transmission license and charges to be obtained post-acquisition
Source: Original filing PDF
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