Power Grid Corporation Of India Ltd.

Power Grid Corporation of India (POWERGRID) has transferred 26% residual equity shareholding in four Associate Companies viz. POWERGRID Kala Amb Transmission, POWERGRID Parli Transmission, POWERGRID Warora Transmission and POWERGRID Jabalpur Transmission (Collectively referred to as Companies) to POWERGRID Infrastructure Investment Trust (PGInvIT) on December 30, 2024 (date of transfer) at an aggregate consideration of Rs 506,62,93,862 after adjustments of dividend received by POWERGRID from these Companies. 

With this, POWERGRID holds nil shareholding in the Companies and accordingly, the Companies have ceased to be the Associate Companies of POWERGRID with effect from the date of transfer.

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