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India Grid Trust (IndiGrid), through a consortium of its wholly-owned subsidiaries IndiGrid 1 Ltd and IndiGrid 2 Ltd, completed the acquisition of 100% equity and management control of Kallam Transmission Ltd from REC Power Development & Consultancy Ltd.
Adani Transmission signed a share purchase agreement to acquire 100% of MP Power Transmission Package-II Limited from REC Power Development and Consultancy for a capex of Rs 1,200 crore.