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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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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]
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 .
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2 × 600 MW Udupi Power Corp. Limited – Commissioned in 2012, the power plant is located in Udupi district, Karnataka. On 14 August 2014, Adani Power acquired the plant. [4] 1466 MW Lanco Kondapalli Power Limited – Gas based Combined Cycle Power Plant located at Kondapalli Industrial Development Area near Vijayawada in Andhra Pradesh.
Azure Power Global Limited is an independent power producer, a developer and an operator of utility and commercial scale solar PV power plants headquartered in New Delhi, India. The company was founded in 2008 by Inderpreet Wadhwa. The company sells energy to government utilities, and independent industrial and commercial customers in India. [2]