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Resonia Acquires Balsane Power Transmission to Boost Maharashtra Grid
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News18•07-10-2026, 13:00
Resonia Acquires Balsane Power Transmission to Boost Maharashtra Grid
- •Resonia Ltd has acquired a 100 percent stake in Balsane Power Transmission Ltd to develop an intra-state transmission project in Maharashtra.
- •The project provides 3 GW of power evacuation capacity spanning approximately 210 km across Dhule and Nashik districts.
- •Awarded by the Maharashtra State Transmission Utility, the project features a new 765/400/220 kV AIS substation at Balsane.
- •The network connects Balsane with key nodes including the proposed Malegaon substation and existing facilities at Shivajinagar and Vikharan.
- •Resonia CEO Prashant Sinha stated that the project strengthens the transmission backbone and enhances inter-connection between ISTS and InSTS networks.
Key Questions Answered
Resonia Ltd acquired a 100 per cent stake in Balsane Power Transmission Ltd (BPTL), a special purpose vehicle established for setting up an intra-state transmission project in Maharashtra.
The project spans approximately 210 km across Dhule and Nashik districts, providing 3 GW of power evacuation capacity, strengthening power transfer within the state, and supporting the integration of additional generation capacity into Maharashtra's transmission network.
Resonia Ltd was formerly known as Sterlite Grid32 Ltd (SGL32).
