Power Grid Acquires MEL Power Transmission for ₹85.3 Million, Strengthening National Grid Infrastructure

Unknown Apr 02, 2026 950 Views

Power Grid Corporation of India Ltd. (POWERGRID) has successfully acquired MEL Power Transmission Ltd. (MPTL) for ₹85.3 million, reinforcing its commitment to expanding India's power transmission network. The acquisition, completed on June 4, 2025, was made under tariff-based competitive bidd...