Merger/Acquisition
POWERGRID acquires NES Pune East (NPENTL) SPV under TBCB
Power Grid acquired 100% of NES Pune East New Transmission Ltd (NPENTL) on 12-Mar-2026 via Tariff Based Competitive Bidding for ~Rs.8.05 crore (cash, subject to audit adjustment); NPENTL is an SPV to build 765/400 kV transmission assets in Pune, Maharashtra; MERC approvals pending.





