RIL Acquires Kandla GHA Transmission Ltd to Boost Green Energy Infrastructure

Reliance Industries Limited (RIL), led by Mukesh Ambani, announced on Friday the acquisition of a 100% equity stake in Kandla GHA Transmission Ltd (KTGL) from PFC Consulting Ltd (PFCCL). 

The acquisition strengthens RIL’s position in the energy transmission sector, particularly in supporting green hydrogen and ammonia production projects in Gujarat.

Complete Takeover of KTGL by Reliance Industries

Reliance Industries has acquired a 100% equity stake in Kandla GHA Transmission Ltd (KTGL), taking over the firm from PFCCL. This takeover is for a cost of ₹20 crore. After it has been acquired, KTGL will become a wholly-owned subsidiary of the Company, RIL said in a statement.

“This is in accordance with the terms of the tender awarded to the Company, for establishment of Turnkey Construction of 765/400kv GIS Substation at Kandla, including Transformers and Reactors, 765kV Transmission lines between Halvad and Kandla, 765kV Bay extension at Halvad and STATCOM,” it added.

Strategic Benefits for RIL’s Green Hydrogen Project

With this acquisition, the diversified conglomerate will be able to execute the Independent Transmission Project ‘Transmission System for Supply of Power to Green Hydrogen / Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW)’. 

This initiative will enable RIL to support its green energy manufacturing plans by ensuring the necessary transmission infrastructure is in place.

Read More: ONGC, Reliance and BP Alliance Win Offshore Oil Block in Gujarat.

RIL Share Performance 

As of April 28, 2025, at 9:40 AM, Reliance Industries Limited share price is trading at ₹1,338.90 per share, reflecting a surge of 2.96% from the previous day’s closing price. Over the past month, the stock has surged by 5%.

Conclusion

The acquisition of KTGL marks a strategic expansion for Reliance Industries into critical energy infrastructure development. As KTGL becomes a wholly-owned subsidiary, RIL enhances its capacity to deliver on its green energy projects and support India’s transition towards sustainable energy solutions.

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