Power Grid Corporation of India Limited (POWERGRID), a Maharatna Public Sector Undertaking under the Ministry of Power, has acquired MEL Power Transmission Limited (MPTL), a Special Purpose Vehicle (SPV), for implementing a vital power transmission project in Madhya Pradesh. The acquisition, valued at ₹558 crore (as per NCT estimations), was carried out through the Tariff-Based Competitive Bidding (TBCB) route and facilitated by PFC Consulting Limited.
Project Details: Reliable Evacuation from 2×600 MW Mahan Energen Plant
The project is titled “Transmission System for Evacuation of Power from Mahan Energen Limited Generating Station” and will be executed on a Build, Own, Operate, and Transfer (BOOT) basis.
Key components of the project include-
- Establishment of a 400 kV double circuit (D/c) transmission line
- Development of associated bays at the existing Rewa POWERGRID substation in Madhya Pradesh
This infrastructure is critical for ensuring the reliable evacuation of power from the 2×600 MW Mahan Energen Limited Generation Station.
POWERGRID’s Expanding Transmission Network
As of 31st May 2025, POWERGRID has–
- Commissioned 283 substations
- Operates 1,80,239 ckm of transmission lines
- Manages 5,64,961 MVA of transformation capacity
Through the adoption of advanced technologies, automation, and digital tools, POWERGRID continues to deliver over 99.85% transmission system availability, underscoring its operational excellence.
Strategic Significance
This acquisition further strengthens POWERGRID’s transmission asset portfolio and supports India’s mission to enhance infrastructure for high-capacity power generation and distribution. It aligns with the national objective of developing resilient and future-ready grid systems to support the country’s growing power demand and renewable integration.
About Power Grid Corporation of India
Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states of India. It is headquartered in Gurugram. As India’s central transmission utility, POWERGRID is responsible for interstate electricity transmission, grid management, and renewable integration. It also provides consultancy and leads innovations in smart grid and digital infrastructure development.
