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Corporate News

Latest News about business and investments.

Power Grid Corporation acquired Lakadia C Power Transmission for roughly Rs 19.94 crore

12-Oct-26 21:57Hrs IST

Power Grid Corporation of India Limited has acquired Lakadia C Power Transmission Limited for approximately Rs 19.94 crore, including 10,000 equity shares at par, 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 the establishment of a new 765/400/220 kV Alephata Sub-station in Maharashtra and associated transmission lines, as part of a common transmission system for power evacuation from Lakadia, Jam Khambhaliya, and Jamnagar.

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