The Tata Power Company Limited (BSE:500400) signed letter of intent to acquire Jalpura Khurja Power Transmission Limited from REC Power Development and Consultancy Limited on February 16, 2024. As of April 4, 2024, The Tata Power Company Limited (BSE:500400) agreed to acquire Jalpura Khurja Power Transmission Limited from REC Power Development and Consultancy Limited for INR 38.6 million. Approval has been received from Ministry of Power for share transfer of Jalpura Khurja Power Transmission Limited.