Power Grid gets approval to merge transmission subsidiaries under two entities

Power Grid Corporation of India Limited has received regulatory approval to consolidate multiple wholly owned transmission subsidiaries into two entities, as part of a move to streamline its corporate structure.

In a disclosure to the stock exchanges dated February 4, 2026, Power Grid said the Ministry of Corporate Affairs (MCA) approved two composite schemes of arrangement through orders issued on January 27, 2026. The schemes provide for the merger or amalgamation of seventeen wholly owned subsidiaries into two wholly owned transferee companies, with April 1, 2024 as the appointed date.

Scheme Group A

Under Scheme Group A, twelve subsidiaries will be merged into POWERGRID Khavda II C Transmission Limited. The transferor companies are:

 POWERGRID Khavda RE Transmission System Limited
POWERGRID KPS2 Transmission System Limited
POWERGRID KPS3 Transmission Limited
POWERGRID ERWR Power Transmission Limited
POWERGRID Raipur Pool Dhamtari Transmission Limited
POWERGRID Dharamjaigarh Transmission Limited
POWERGRID Bhadla Sikar Transmission Limited
POWERGRID Ananthpuram Kurnool Transmission Limited
POWERGRID Koppal Gadag Transmission Limited
POWERGRID Neemrana Bareilly Transmission Limited
POWERGRID Bidar Transmission Limited

Scheme Group B

Under Scheme Group B, five subsidiaries will be merged into POWERGRID Vataman Transmission Limited. The transferor companies are:

 POWERGRID Bhadla III Transmission Limited
POWERGRID Beawar Dausa Transmission Limited
POWERGRID Ramgarh II Transmission Limited
POWERGRID Bikaner Neemrana Transmission Limited
POWERGRID Sikar Khetri Transmission Limited

Power Grid said the schemes are binding on all shareholders and creditors of the concerned entities. The consolidation is aimed at improving operational efficiency and strengthening governance across its transmission business.