IndiGrid to acquire 100% stake in Khargone Transmission for Rs 1497 crore
India Grid Trust will acquire a 100 per equity stake in Khargone Transmission at an enterprise value of about Rs 1,497.5 crore. The acquisition will be for a cash consideration of an enterprise value not exceeding Rs 1,497. 5 crore. The Khargone Transmission was incorporated on November 28, 2015. The transmission project was awarded by the Ministry of Power for 35 years.