Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff Based Competitive Bidding, has acquired ‘Raipur Pool Dhamtari Transmission’ (RPDTL), the Project SPV to establish ‘Western Region Expansion Scheme-XXVII (WRES-XXVII)’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting. The Transmission system comprises of establishment of 400kV D/C Transmission lines traversing through the states of Chhattisgarh and bays extension works. The transmission system is an Inter State Transmission System Project and is to be completed in 18 months.
The entity was acquired with a net payment of about Rs 7.16 crore and the acquisition includes 10,000 equity shares at par at Rs 10 each as on the acquisition date March 28, 2023. However, the acquisition price is subject to adjustment as per the audited accounts of the Company as on the acquisition Date.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: