Tata Power acquires Karnataka transmission SPV Ryapte Power for ₹10.87 crore
Tata Power has bought a 100% equity stake in Ryapte Power Transmission Limited in an all-cash deal. The Karnataka-based SPV was established to build, own and operate a major transmission project in the state.
Tata Power acquired a 100% stake in Karnataka-based Ryapte Power Transmission Limited for ₹10.87 crore in an all-cash deal. RPTL is an SPV established to build, own and operate a major transmission project in Karnataka.
Why this matters
The acquisition extends Tata Power’s recent focus on transmission and distribution alongside rooftop solar and manufacturing, following signals on FY27 investment, a 25% rooftop solar share target and Citi’s Buy call tied to solar growth.
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