Key Highlights
- Tata Power has completed the acquisition of Jejuri Hinjewadi Power Transmission Limited.
- The company acquired a 100 percent equity stake through a cash consideration of ₹2.42 crore.
- The acquisition was completed on January 9, 2026.
- Jejuri Hinjewadi Power Transmission Limited operates as a build own operate transfer transmission SPV.
- The project includes a 400 kV double circuit transmission line spanning around 115 km.
The Tata Power Company Limited has completed the acquisition of Jejuri Hinjewadi Power Transmission Limited, strengthening its presence in India’s power transmission infrastructure segment. The acquisition was finalised on January 9, 2026, following the execution of a share purchase agreement.
The company acquired a 100 percent equity stake in Jejuri Hinjewadi Power Transmission Limited through a cash consideration of ₹2.42 crore. The acquired entity functions as a special purpose vehicle established to develop, own, operate, and transfer a dedicated transmission project.
Jejuri Hinjewadi Power Transmission Limited was incorporated in March 2025 with the objective of building a high voltage transmission system connecting Jejuri and Hinjewadi in Maharashtra. The project involves the construction of approximately 115 kilometres of 400 kV double circuit transmission lines, along with the extension of 400 kV gas insulated switchgear line bays at substations located at both ends.
The acquisition does not fall under related party transactions, and no promoter or group entities of Tata Power hold any interest in the acquired company. Regulatory approval for the share transfer has already been received from the Ministry of Power, enabling the completion of the transaction.
The scheduled commercial operation date of the transmission project is expected to be within 24 months from the date of acquisition. Once operational, the asset is expected to support reliable power evacuation and enhance transmission capacity in the region.