Mumbai, June 5 -- The acquisition, completed on 4 June 2025, was made under tariff-based competitive bidding as part of the transmission system for evacuating power from Mahan Energen's generating station in Madhya Pradesh.

The deal includes 10,000 equity shares at face value, along with MPTL's assets and liabilities as on the acquisition date. The final acquisition cost is subject to adjustments based on the audited financials of MPTL.

The transmission project involves the establishment of a 400 kV double circuit transmission line and associated bays at the Rewa PowerGrid substation. It will be developed on a Build, Own, Operate, and Transfer (BOOT) basis.

MPTL, incorporated on 19 November 2024, by PFC Consulting (PFCCL) - the designa...