Verified article - details checked for accuracy.
Data Extracted via Frism DocuLens
- On 29 July 2026, Power Grid Corporation of India Limited (NSE: POWERGRID) disclosed the purchase of Bhadla Ramgarh Power Transmission Limited for ₹ 12.86 crore cash (including 50,000 equity shares at ₹10 each).
- The transaction grants 1 % control (Power Grid held 0 % previously) and is flagged as not at arm’s length.
- The target’s financials are minimal: net worth of ₹ 5 lakh, with zero turnover and zero profit after three years, as it has not commenced commercial operations.
- All required approvals have been obtained except the final Transmission License and Adoption of Transmission Charges from the Central Electricity Regulatory Commission (CERC); the acquisition fits Power Grid’s core transmission business and does not represent diversification.
Complete ArticleExclusive Frism Intelligence Report
Frism is a financial information and news discovery platform. We provide factual summaries and data correlations for educational and informational purposes only. Frism does not provide investment advice, buy/sell recommendations, or directional market outlooks. Users should consult a qualified financial advisor before making any investment decisions.
Proudly crafted in India 🇮🇳
Frism Computing (OPC) Private Limited
#74, 15TH CROSS, JP Nagar III Phase, Bangalore South, Bangalore 560078, Karnataka