5328982026-09-235328982026-09-232026-09-23iso4217:INRxbrli:pure

532898

Power Grid Corporation of India Limited

POWERGRID

NOTLISTED

INE752E01010

New

Acquisition (including agreement to acquire)

false

2026-09-23

16:30:00

2026-09-23

Power Grid Corporation of India Limited

Listed Entity (self)

Barmer HVDC Power Transmission Limited

500000

false

Power Transmission

Barmer HVDC Power Transmission Limited has been acquired by POWERGRID pursuant to POWERGRID emerging as the successful bidder under Tariff Based Competitive Bidding. Barmer HVDC Power Transmission Limited is engaged in the business as that of POWERGRID i.e. transmission of power.

Yes

Barmer HVDC Power Transmission Limited was incorporated on 30.09.2025 by the Bid Process Coordinator as per the “Guidelines Encouraging Competition in Development of Transmission Projects” and “Tariff based Competitive-bidding Guidelines for Transmission Service” notified by Ministry of Power (MoP). Requisite approvals were obtained by the Bid Process Coordinator for transfer of Barmer HVDC Power Transmission Limited. Approvals for Grant of Transmission License and Adoption of Transmission Charges are to be obtained from Central Electricity Regulatory Commission by Barmer HVDC Power Transmission Limited after the acquisition by POWERGRID.

false

The entity was acquired as per the timelines furnished by Bid Process Coordinator.

Cash

189800000

Barmer HVDC Power Transmission Limited was acquired for an aggregate value of about Rs. 18.98 Crore including 50,000 equity shares at par at Rs. 10/- each along with assets and liabilities of Barmer HVDC Power Transmission Limited as on the acquisition date (23.09.2026). However, the acquisition price is subject to adjustment as per the audited accounts of the Company as on the acquisition date.

189800000

Barmer HVDC Power Transmission Limited shall be engaged in the business of transmission of power. Barmer HVDC Power Transmission Limited was incorporated on 30.09.2025 by Bid Process Coordinator. Barmer HVDC Power Transmission Limited is yet to start commercial operation, as such no turnover has been recorded during last 3 years. Barmer HVDC Power Transmission Limited will be operating in India.

India