Power Grid Acquires Rajasthan Transmission Project

14 Nov 2024 CW Team

Power Grid Corporation of India has successfully acquired a transmission project located in Rajasthan. The acquisition is part of the company's ongoing strategy to expand its footprint in the transmission sector and enhance the nation’s power infrastructure.

The project, which involves the transmission of electricity in Rajasthan, is expected to improve the efficiency and reliability of the region’s energy grid. This acquisition aligns with Power Grid's long-term objectives to support India's growing energy demand and facilitate the integration of renewable energy sources into the national grid.

With a strong presence in the power sector, Power Grid is continuing to enhance its infrastructure portfolio by investing in high-quality, strategic projects across India. The Rajasthan transmission project will contribute to the overall improvement in the distribution of electricity, reducing power losses and enhancing the stability of the grid.

The acquisition also underscores Power Grid's commitment to maintaining a leading position in the transmission and distribution business, supporting both governmental and private sector efforts to strengthen India’s power infrastructure. By further investing in essential transmission networks, Power Grid is well-positioned to meet the future energy needs of the country.

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