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

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

- Type: Acquisition
- Announced: 2022-04-20
- Where: Haryana, India
- Value: $41.0M (3.10B INR)
- Status: announced
- Capacity: 830 MVA transformation capacity
- Products: power 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](https://endata.com/companies/46102.md) (acquirer)
- [Jhajjar KT Transco Private Limited](https://endata.com/companies/47562.md) (target)

## Sources

- [thehawk.in](https://www.thehawk.in/news/economy-and-business/indigrid-executes-spa-for-acquiring-jhajjar-kt-transco), 2022-04-20: "This acquisition is in line with our strategy to acquire accretive operational assets with long term and stable cash flows"

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