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G R Infraprojects entered into a share purchase agreement with REC Power Development and Consultancy to acquire Tumkur-II REZ Power Transmission, making it a wholly owned subsidiary.
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.