State-run financial institution
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Transferred three transmission SPVs 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.
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