SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Power Grid Corporation of India acquires MEL Power Transmission

05 Jun 2025 Evaluate

Power Grid Corporation of India has acquired MEL Power Transmission (MPTL), the Project SPV to establish ‘Transmission System for evacuation of power from Mahan Energen Limited Generating Station in Madhya Pradesh’, on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator--PFC Consulting (PFCCL). The project comprises 400kV D/C Transmission Line and associated bays at existing Rewa PS (PG) sub-station in the state of Madhya Pradesh. 

MPTL has been acquired by Power Grid pursuant to Power Grid emerging as the successful bidder under Tariff Based Competitive Bidding. MPTL is engaged in the business as that of Power Grid i.e. transmission of power. 

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


Power Grid Corpn. Share Price

283.60 -0.40 (-0.14%)
04-Aug-2026 11:55 View Price Chart
Peers
Company Name CMP
NTPC 345.80
Tata Power 381.05
Power Grid Corpn. 283.60
Adani Power 210.30
Torrent Power 1358.35
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: