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India Grid Trust (IndiGrid) and G R Infraprojects Ltd (GRIL) announced a strategic partnership to jointly bid for tariff-based competitive bidding transmission projects aggregating to approximately ₹5,000 crore. They also entered into a framework agreement to acquire 100% stake in Rajgarh Transmission Ltd.
“An MoU has been signed to jointly bid for identified tariff-based competitive bidding transmission projects aggregating to approximately ₹ 5,000 crore.”livemint.com
Summarized from public sources; check the original articles before acting on it.