Project News Details
Title
Tata Power acquires Paradeep Transmission for Rs 18.64 crore
Detail
Tata Power acquired Paradeep Transmission Ltd for Rs 18.64 crore. The deal closed on November 6, 2024. Paradeep Transmission was established to boost transmission services in India. The company was responsible for the Eastern Region Expansion Scheme-XXXIV. This involved a new 190 km transmission line and a substation. The acquisition strengthens Tata Power's position in the Indian power sector.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Construction Computer Hardwares and Consumables
Published Date
07.11.2024
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