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Power Grid Corporation of India Ltd (PGCIL) acquired Sikar-II Aligarh Transmission Ltd (SATL), a special purpose vehicle for a transmission project to evacuate power from 8,100 MW solar energy zones in Rajasthan. The acquisition was for INR 21.56 crore.
“PGCIL has acquired SATL on June 8, 2021 after being selected as the successful bidder in a tariff-based competitive bidding.”navbharattimes.indiatimes.com
Summarized from public sources; check the original articles before acting on it.