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Corporate News

Latest News about business and investments.

Power Grid Corporation acquired Jam Khambhaliya REZ Transmission for Rs 19.22 crore in Gujarat

12-Oct-26 21:58Hrs IST

Power Grid Corporation of India Limited has acquired Jam Khambhaliya REZ Transmission Limited for approximately Rs 19.22 crore, including 10,000 equity shares at par at Rs 10 each, under a Tariff Based Competitive Bidding process, according to a regulatory filing on October 12, 2026. The acquisition, facilitated by Bid Process Coordinator – PFC Consulting Limited (PFCCL), involves establishing a new GIS substation and transmission lines in Gujarat as part of the “Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat - Phase II (5500MW) and Jamnagar Phase-I (1000 MW)” project, and will require approvals from the Central Electricity Regulatory Commission.

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