Power Grid of India (POWERGRID) — Announcement

Power Grid Corporation of India Limited acquired SR WR Power Transmission Limited (SRWRPTL) on 17.10.2025 as the successful bidder under tariff-based competitive bidding. The acquisition, valued at approximately ₹11.29 crores, involves 100% ownership of a newly incorporated SPV established to develop a 765 kV transmission line between Southern and Western grids across Karnataka and Maharashtra. SRWRPTL, incorporated on 01.07.2025, has not commenced commercial operations. The acquisition aligns with POWERGRID's core transmission business and requires pending regulatory approvals from the Central Electricity Regulatory Commission.

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About Power Grid Corporation of India Limited (POWERGRID)

Power · Power · Listed on NSE

Market Cap: ₹2,84,458.97 Cr P/E: 18.3 ROE: 16.8% ROCE: 12.2%

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