POWERGRID has acquired SR WR Power Transmission Limited (SRWRPTL) on October 17, 2025, through the Tariff Based Competitive Bidding (TBCB) route. The project aims to strengthen the inter-regional grid between the Southern Region (SR) and Western Region (WR). This acquisition expands POWERGRID’s transmission network across Karnataka & Maharashtra, enhancing power infrastructure.
Acquisition of SRWRPTL
POWERGRID announced the acquisition of SR WR Power Transmission Limited (SRWRPTL) on October 17, 2025. This acquisition was made possible through a tariff-based competitive bidding process, reinforcing POWERGRID’s position in the power transmission sector.
Project Overview
The SRWRPTL project focuses on establishing inter-regional strengthening between the Southern Region (SR) grid and the Western Region (WR) grid. This will be executed on a build, own, operate, and transfer (BOOT) basis.
Project Details
The project includes 765 kV D/c Transmission Lines that traverse through the states of Karnataka & Maharashtra, complete with associated line bays at both ends. This infrastructure development is set to enhance power transmission capabilities in the region.
Consideration and Impact
POWERGRID acquired SRWRPTL for an aggregate value of approximately ₹11.29 Crore. This includes equity shares and the assets and liabilities of SRWRPTL as of the acquisition date. This strategic acquisition aligns with POWERGRID’s core business of power transmission and is expected to contribute to the company’s growth and service capabilities.
About SRWRPTL
SRWRPTL was incorporated on July 1, 2025, and is focused on power transmission. Post-acquisition, SRWRPTL will be engaged in the business of transmission of power. The company is operating in India.
Source: BSE
