# IndiGrid to acquire 100% stake in Jhajjar KT Transco for ₹310 crore

India Grid Trust (IndiGrid) signed a share purchase agreement to acquire 100% equity in Jhajjar KT Transco Private Ltd from Kalpataru Power Transmission Ltd and Techno Electric & Engineering Company Ltd for an indicative value of ₹310 crore.

- Type: Acquisition
- Announced: 2020-06-01
- Where: Haryana, India
- Value: $41.0M (3.10B INR)
- Status: announced
- Capacity: 830 MVA transformation capacity
- Products: transmission lines, substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Techno Electric & Engineering Company](https://endata.com/companies/30178.md) (partner)
- [Kalpataru Power Transmission](https://endata.com/companies/30967.md) (partner)
- [India Grid Trust (IndiGrid)](https://endata.com/companies/47581.md) (acquirer)
- [Jhajjar KT Transco Private Ltd](https://endata.com/companies/47582.md) (target)

## Sources

- [tndindia.com](https://www.tndindia.com/indigrid-acquire-100pc-equity-jhajjar-kt-transco/), 2020-06-01: "India Grid Trust (IndiGrid) has announced the execution of the SPA (Share Purchase Agreement) for acquisition of 100 per cent stake in Jhajjar KT Transco Private Ltd from Kalpataru Power Transmission Ltd and Techno Electric & Engineering Company Ltd."

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