Power Grid of India (POWERGRID) — Announcement

📢 Key Event
Power Grid completes acquisition of Fatehgarh II Transmission Limited for ₹19.11 crores

🔄 What Changed
Acquisition of a newly incorporated transmission SPV for ₹19.11 crores

💡 Investor Takeaway
This acquisition adds transmission assets to Power Grid's portfolio without diluting ownership, supporting long-term infrastructure growth.

Power Grid Corporation of India announced on 28 August 2026 that it completed the acquisition of Fatehgarh II Transmission Limited, a newly incorporated project SPV, for an aggregate consideration of approximately ₹19.11 crores including 10,000 equity shares at par. The transaction, executed under the tariff-based competitive bidding route selected by the Ministry of Power, involves the establishment of two synchronous condensers at the Fatehgarh-II substation on a build-own-operate-transfer basis. This acquisition expands Power Grid's transmission infrastructure within India's power sector and aligns with regulatory frameworks set by the Central Electricity Regulatory Commission.

📄 View Original Announcement (PDF)

📊 Stock Analysis — POWERGRID ✨ Ask AI About This

About Power Grid Corporation of India Ltd (POWERGRID)

Power · Power Generation & Distribution · Listed on BSE

Market Cap: ₹2,45,675.45 Cr P/E: 15.4 ROE: 15.8% ROCE: 10.5% Div Yield: 5.11%

View full POWERGRID stock details →

📡 Get AI alerts when POWERGRID files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track POWERGRID — Free

💡 Ask AI about this filing

"How will the ₹19.11 crore acquisition impact Power Grid's debt ratios?" "What is the expected commissioning timeline for the two synchronous condensers?" "How does this SPV fit into Power Grid's broader transmission expansion strategy?"

Ask AI Free →

📊 More POWERGRID filings

See all POWERGRID filings →

🔥 Also filed on 28 August 2026

BLIL Balmer Lawrie Investment Ltd Annual Report 520075 Samkrg Pistons & Rings Ltd Annual Report 507998 Simmonds Marshall Ltd Annual Report BLUEDART Blue Dart Express Ltd Annual Report TTL T T Ltd Insider Trading LTF L&T Finance Ltd Corporate Action

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when POWERGRID files new disclosures

Track POWERGRID filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track POWERGRID — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd