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In March 2021, IndiGrid InvIT acquired NER-II Transmission Ltd from Sterlite Power at an enterprise value of Rs 4,625 crore. This is the largest single asset deal in the Indian Transmission sector. With this acquisition, IndiGrid's AUM (Asset Under Management) increased 34 per cent to Rs 20,000 crore.
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Adani Transmission was founded by Gautam Adani in December 2015 after separating the decade-old transmission business from Adani Enterprises. [5] At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the Mundra Thermal Power Station, connecting Mundra–Dehgam, Mundra–Mohindergarh and Tirora–Warora.
Hindustan Powerprojects Private Ltd. (HPPPL), formerly known as Moser Baer Projects Pvt Ltd, [4] is an electrical power developer in India, started by Ratul Puri. [5] It operates in power generation, power trading, EPC, and development and renewables across thermal , solar, hydro and mining vertical markets.
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SJVN, formerly known as Satluj Jal Vidyut Nigam, is an Indian public sector undertaking in the Navratna Category which is involved in hydroelectric power generation and transmission. It was incorporated in 1988 as Nathpa Jhakri Power Corporation , a joint venture between the Government of India and the Government of Himachal Pradesh .
Cyient acquired 74 percent equity stake in Rangsons Electonics Pvt Ltd in February 2015 and renamed it to Cyient DLM. The Mysuru-headquartered Rangsons Electronics, is an electronics system design and manufacturing (EDSM) services company. It is the 2nd largest electronics manufacturer after Dixon Technologies. [27]