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Power Grid acquires MEL Power for Rs 8.53 crore

PRIVATEJun 05, 2025

Acquiring Company

Power Grid Corporation of India

Acquired Company

MEL Power Transmission

IndiaIndiaEnergyRenewable EnergyEnergyRenewable Energy

Description

Power Grid has acquired MEL Power Transmission for a total of Rs 8.53 crore. This acquisition is part of Power Grid's strategy to enhance its power transmission capabilities. The deal is expected to strengthen their position in the energy market. This move aligns with the company's goal to expand its operational reach.

Quick answer

Power Grid Corporation of India is acquiring MEL Power Transmission, announced June 5, 2025. Power Grid Corporation of India is based in India.

How much did Power Grid Corporation of India pay for MEL Power Transmission?
The deal value was not disclosed.
What does Power Grid Corporation of India do?
Power Grid Corporation of India is a central transmission utility of India, owned by the Government of India.
Where are Power Grid Corporation of India and MEL Power Transmission based?
Power Grid Corporation of India is based in India. MEL Power Transmission is based in India.
Who are the decision-makers at Power Grid Corporation of India?
Fundz holds 1 contact at Power Grid Corporation of India. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Power Grid Corporation of India

Location

India

About

Power Grid Corporation of India is a central transmission utility of India, owned by the Government of India. It plays a key role in the power supply situation in India, ensuring the transmission of electricity across the country. The company focuses on creating and managing the power transmission infrastructure. It is also involved in the execution of power projects under various models.

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Frequently asked

Who acquired MEL Power Transmission?

MEL Power Transmission was acquired by Power Grid Corporation of India, based in India. The deal was reported on June 5, 2025. Power Grid Corporation of India is a central transmission utility of India, owned by the Government of India. Power Grid Corporation of India is privately held and operates in Energy.

When did Power Grid Corporation of India acquire MEL Power Transmission?

Power Grid Corporation of India's acquisition of MEL Power Transmission was reported on June 5, 2025. Power Grid has acquired MEL Power Transmission for a total of Rs 8.53 crore. This acquisition is part of Power Grid's strategy to enhance its power transmission capabilities. The deal is expected to strengthen their position in the energy market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MEL Power Transmission do?

MEL Power Transmission is a company involved in providing power transmission solutions in India. It focuses on enhancing the efficiency and reliability of electricity transmission systems. It is privately held, operating in Energy, and is based in India.

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