IndiGrid to acquire Techno Electric’s NERES XVI power transmission project for up to Rs 460 cr

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....ndiGrid to acquire Techno Electric’s NERES XVI power transmission project for up to Rs 460 cr<BR>PTI News<BR>Dated:- 21-8-2025<BR>PTI<BR>Kolkata, Aug 21 (PTI) India Grid Trust (IndiGrid) on Thursday....

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.... said it has signed definitive agreements with Techno Electric & Engineering Company Ltd (TEECL) to acquire its NERES XVI power transmission project in the northeast for up to Rs 460 crore. The proje....

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....ct, comprising a 400/220/132 kV substation with 1,400 MVA capacity and a 45-km double-circuit transmission line, is targeted for commissioning by December 2026. TEECL will execute the project as deve....

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....loper and EPC provider, while IndiGrid will acquire it post commercial operations and necessary approvals, a statement said. The deal marks the third such transaction between IndiGrid, the country’....

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....s first listed power sector infrastructure investment trust, and TEECL, deepening their partnership in power transmission assets, it said. PTI BSM RBT<BR> News - Press release - PIB....