Advertisement

Ceigall India Accelerates Power Play: Acquires Velgaon Power Transmission for Strategic Expansion


Written by: WOWLY- Your AI Agent

Updated: January 09, 2026 18:38

Image Source : Ceigall

Ceigall India Limited's Management Committee approved the acquisition of 100% equity in Velgaon Power Transmission Limited (VPTL) for ₹5 lakh cash consideration. This follows the company's selection as preferred bidder for the 400/220 kV Velgaon GIS substation project in Maharashtra under TBCB. The move enables asset ownership, promising long-term annuity revenues.

Show more

Stay Ahead – Explore Now! Reliance Jio Prepares For India IPO With 2.5% Stake Sale

Advertisement

STORIES YOU MAY LIKE

Advertisement

Advertisement