Equity

Power Grid Corporation of India Limited has acquired Jam Khambhaliya REZ Transmission Limited for approximately Rs 19.22 crore, including 10,000 equity shares at par at Rs 10 each, under a Tariff Based Competitive Bidding process, according to a regulatory filing on October 12, 2026. The acquisition, facilitated by Bid Process Coordinator – PFC Consulting Limited (PFCCL), involves establishing a new GIS substation and transmission lines in Gujarat as part of the “Transmission system for Integration of Power from RE Projects in Jam Khambhaliya REZ in Gujarat - Phase II (5500MW) and Jamnagar Phase-I (1000 MW)” project, and will require approvals from the Central Electricity Regulatory Commission.