POWERGRID acquires Jam Khambhaliya REZ Transmission SPV for about Rs 19.22 Crore

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

POWERGRID · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹249.00

prior close

₹248.10

announcement price

After-mkt

timing

Nifty 100market+1.5%-1.7% vs market

Power peers, median of 37sector · industry level+0.5%-0.7% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty 100 and 0.7 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.5

15m

-0.5

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2+1.5-1.7+0.5-0.7

Next day

+0.1+1.1-1.0+1.5-1.4

+0.3+2.4-2.0+0.5-0.1

+0.6+3.0-2.4+0.4+0.2

+0.5+2.0-1.5-0.3+0.9

+1.3+1.4-0.2-3.5+4.7

-0.6+0.2-0.8-7.3+6.7

15d

—————

UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

POWERGRID acquired 100% of Jam Khambhaliya REZ Transmission Limited, a project SPV, for about Rs 19.22 Crore under Tariff Based Competitive Bidding from PFC Consulting. The SPV will build a transmission system in Gujarat on BOOT basis to integrate 5500MW Jam Khambhaliya REZ Phase II and 1000MW Jamnagar Phase I renewable power, including a new GIS substation at Kalyanpur and 765 kV lines. Not a related party deal.

Likely market impact

Adds a new transmission project in core business. Small in cost but expands renewable energy integration capacity.