How to Understand IndiGrid ₹460 Crore Acquisition
In Short : After project commissioning and regulatory approvals, India Grid Trust (IndiGrid) and Techno Electric & Engineering Company Ltd (TEECL) have finalized an agreement for the purchase of the Northeast India NERES XVI Power Transmission project for a maximum of ₹460 crore. IndiGrid’s position in the area is strengthened by the agreement.
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