Tata Power Acquires 100% Stake in Maharashtra Power Transmission SPV
14 hours agoBusiness
53LENS
1 SourcesJejuri, India
TBNthebalanced.news
Tata Power Acquires 100% Stake in Maharashtra Power Transmission SPV

Tata Power has acquired a 100% stake in Jejuri Hinjewadi Power Transmission Limited (JHPTL) for Rs 2.42 crore, a special purpose vehicle for an intra-state transmission project in Maharashtra. The acquisition, completed on January 9, 2026, involves constructing a 115 km, 400 kV double-circuit line. This move is part of Tata Power's strategy to expand its power transmission sector presence and is expected to improve load handling and reduce congestion. Regulatory approval from the Ministry of Power was secured.

Political Bias
0%100%0%
Sentiment
75%