JV/AcquisitionAcquisition

Tata Power has acquired 100% equity stake in Jejuri Hinjewadi Power Transmission Limited (JHPTL) for ₹2.42 crore.

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Tata Power Company LimitedTATAPOWER · Filed with the exchange

This strategic move strengthens Tata Power's power transmission capabilities.

JHPTL is a Special Purpose Vehicle established to build and operate a crucial 115 km, 400 kV double-circuit transmission line connecting Jejuri and Hinjewadi.

This acquisition enhances the company's infrastructure portfolio, expanding its presence in the transmission sector, with commercial operations expected within 24 months.

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