Power Grid Corporation acquires MTL for over Rs 9 crore

State-owned Power Grid Corporation of India Limited (PGCIL) on Tuesday said it has acquired Mohanlalganj Transmission Limited in Uttar Pradesh for over Rs 9 crore. Incorporate in June 2021, Mohanlalganj Transmission Limited (MTL) is the project SPV (special purpose vehicle) to establish an intra-state transmission system, PGCIL said in a BSE filing.

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