SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Power Grid Corporation acquires Vataman Transmission from PFC Consulting

26 Dec 2023 Evaluate

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Vataman Transmission (VTL), the Project SPV on December 26, 2023, to establish Transmission System for ‘Transmission system for evacuation of additional 7 GW of RE power from Khavda RE park under Phase III Part B’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - PFC Consulting. Vataman Transmission is engaged in the business as that of Power Grid i.e. transmission of power.

The Project comprises establishment of a new 765/400kV switching station at Vataman in Ahmedabad district, 3 nos. of 765kV D/c transmission lines (including a LILO line) traversing in the state of Gujarat as well as extension works at Navsari and Halvad substations.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

Power Grid Corp Share Price

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
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..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×