Indigrid to acquire Raichur Solapur Transmission Company for Rs 250 crore


Power sector infrastructure investment trust, IndiGrid, has signed a share purchase agreement for acquisition of 100% stake in, one or more tranches, in Raichur Solapur Transmission Company Private Limited (RSTCPL), for over Rs 250 crore.

IndiGrid has acquired the shares from Patel Engineering Limited, Simplex Infrastructures Limited and BS Limited, each owning 33.33% stake, respectively.

Disclaimer: This article has been copied from Economic Times. It has not been edited by the team of BusMarket NewsWorld. Repulished for awareness purpose.