Power Grid Corporation Of India Ltd.

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.