POWERGRID acquires Mandsaur I RE Transmission project
Power Grid Corporation of India Limited (POWERGRID) has completed the acquisition of Mandsaur I RE Transmission Limited (MIRETL), a special purpose vehicle for the transmission project titled “Augmentation of transformation capacity and implementation of line bays at Mandsaur substation for RE interconnection” in Madhya Pradesh. The acquisition, finalised on October 8, 2025, follows POWERGRID’s selection as the successful bidder under the Tariff Based Competitive Bidding (TBCB) process. The scheme, estimated at Rs 319 crore by…
