On August 22, 2024, Power Grid Corporation of India Limited (POWERGRID) announced the acquisition of Beawar – Mandsaur Transmission Limited (BMTL) and Sirohi Transmission Limited (STL). Both acquisitions were achieved through successful bidding under Tariff Based Competitive Bidding (TBCB) guidelines. Beawar – Mandsaur Transmission Limited Acquisition POWERGRID acquired BMTL, a Special Purpose Vehicle (SPV), for …