# IndiGrid approves acquisition of Gurgaon Palwal Transmission from Sterlite Power

IndiGrid approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power Transmission Limited, valued at Rs 10.8 billion. GPTL consists of three substations and 270 ckt. km of transmission lines.

- Type: Acquisition
- Announced: 2020-04-29
- Where: Uttar Pradesh, Haryana, Rajasthan, India
- Value: $142.6M (10.8B INR)
- Status: announced
- Capacity: 3,000 MVA transformation capacity, 270 ckt. km transmission lines
- Products: power transmission infrastructure
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [IndiGrid](https://endata.com/companies/27309.md) (acquirer)
- [Sterlite Power](https://endata.com/companies/31842.md) (partner)
- [East North Interconnection Company Limited](https://endata.com/companies/46103.md) (target)
- [Sterlite Power Transmission Limited](https://endata.com/companies/46866.md) (partner)
- [Gurgaon Palwal Transmission Limited](https://endata.com/companies/46867.md) (target)

## Sources

- [indianinfrastructure.com](https://indianinfrastructure.com/2020/04/29/indigrid-approves-acquisition-of-gurgaon-palwal-transmission-project/), 2020-04-29: "IndiGrid has approved a proposal to acquire Gurgaon Palwal Transmission Limited (GPTL), valued at Rs 10.8 billion, from Sterlite Power Transmission Limited."
- [indianinfrastructure.com](https://indianinfrastructure.com/2020/04/29/indigrid-to-acquire-sterlite-powers-east-north-interconnection-company-limited/), 2020-04-29: "IndiGrid has announced the acquisition of another transmission asset worth $134 million, East-North Interconnection Company Limited (ENICL), from Sterlite Power."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.