Powergrid Corporation of India has acquired Kharada VA Power Transmission Limited, marking a significant investment in HVDC technology to enhance power transmission efficiency in India.
Target Information
Powergrid Corporation of India Ltd. has successfully acquired Kharada VA Power Transmission Limited, a vital player in the High Voltage Direct Current (HVDC) sector. This acquisition marks a significant step for Powergrid in expanding its portfolio in advanced power transmission technologies.
Kharada VA Power Transmission Limited operates the first HVDC project along the TBCB route, enhancing the efficiency and reliability of power transmission in India. The project is expected to play a crucial role in meeting the growing energy demands of the country.
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Industry Overview in India
The power transmission industry in India has been witnessing substantial growth due to increasing energy consumption driven by rapid urbanization and industrial expansion. The government has
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