Lakadia II Power Transmission Limited

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Power Grid acquires Lakadia II transmission SPV for 7,500 MW Gujarat renewables

Acquired by PGCIL on October 12, 2026

Power Grid Corporation of India has taken full ownership of Lakadia II Power Transmission Limited. The project company will build a 7,500-megawatt interstate transmission link for Gujarat's Lakadia renewable energy zone. The state-run utility paid about Rs 18.43 crore for the special-purpose vehicle, which it won through tariff-based competitive bidding.

Updated 1 hour ago