TATAPOWER

Tata Power Acquires 100% Stake in Jejuri Hinjewadi Transmission SPV for ₹2.42 Cr Transaction Details - Completed 100% equity acquisition in JHPTL via cash consideration of ₹2.42 crore. - Signed SPA for BOOT transmission project SPV; not a related-party transaction. Project Specifications - ~115 km 400 kV double-circuit line between Jejuri and Hinjewadi substations. - Includes 400 kV GIS bay extensions at both ends. Execution Timeline - SCOD targeted within 24 months from 9 Jan 2026 acquisition date. - Ministry of Power approval secured for share transfer. Key Takeaway: Strategic transmission asset acquisition bolsters Tata Power's T&D portfolio with stable annuity revenues.