Tata Power Acquires 100% Stake in Power Transmission Project

Tata Power, a big company that deals with electricity, has bought all the shares of another company called Jejuri Hinjewadi Power Transmission Limited.

This company is working on a project to build a special power line in Maharashtra, India.

The project includes building a long power line and some equipment to help move electricity more efficiently.

Tata Power paid Rs 2.42 crore for this company.

The project is expected to be finished in about two years and will help make the power grid stronger and support the growing needs of the Pune region.

This purchase is part of Tata Power's plan to become more involved in the power transmission business.