India, Sept. 24 -- India's flagship power transmission utility has locked in another piece of the country's renewable evacuation network, taking full control of a Rajasthan-linked project company after a competitive bidding win. The underlying project runs across three states and uses a transmission format that isn't exactly routine. The price tag attached to the deal is modest, almost incidental, really but it adds to a pipeline that's been drawing steady attention from anyone tracking how fast the company can turn bids into built infrastructure.

Shares ofPower Grid Corporation Of India Ltd are trading at Rs. 267.50, down 1.02 percent on Thursday. The stock touched the intraday high of Rs. 270.90 after opening at Rs. 270.40. The compan...