Deals & Growth
NewsData.io24 Sept 2026, 3:34 am ISTDelayed
Power Grid acquires Barmer HVDC Power Transmission
What happened
- Power Grid Corporation of India acquired Barmer HVDC Power Transmission.
- The company won the project through a competitive bidding process.
- The project involves building and operating a power transmission system for solar energy in Rajasthan.
Key terms explained
Financial terms from this story, in everyday words.
- BOOT (Build, Own, Operate, Transfer)
- A model where a company builds a project, operates it for a set time, and then hands it over to the government.
Original source
NewsData.io
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