Power Grid buys Lakadia II Power Transmission for 184.3m rupees
Power Grid Corporation of India has acquired Lakadia II Power Transmission. Reuters said the transaction had an aggregate value of about 184.3 million rupees.
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what happened
Power Grid Corporation of India has acquired Lakadia II Power Transmission Limited, Reuters reported.
The transaction carried an aggregate value of about 184.3 million rupees. The company’s announcement described the deal as the acquisition of Lakadia II Power Transmission Limited.
why it matters
For markets, the main disclosed detail is the purchase price, which indicates the scale of Power Grid’s transaction in the electricity transmission sector.
instruments
sources
- Power Grid Corp Buys Lakadia II Power Transmission Ltd — Reuters, 12 October 2026 at 12:03 UTC
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