Search result for : "indigrid"

IndiGrid co-partners “EnerGrid” platform for greenfield transmission and BESS projects

IndiGrid announced that it has deepened its partnership with British International Investment (BII) and the Norwegian Climate Investment Fund to form a new platform, EnerGrid. This platform will focus on bidding and developing greenfield transmission and standalone battery energy Read more

IndiGrid sees power transmission bid pipeline of over Rs.65,000 crore

India Grid Trust (IndiGrid) has estimated that a bid pipeline of over Rs.65,000 crore in the power transmission sector. In an investor presentation discussing the company’s performance in Q2 (July to September) of FY25, IndiGrid said that the bid Read more

Marquee Institutional Investors pick significant stake in IndiGrid

IndiGrid has announced the launch of its preferential issue process following successful conclusion of the Offer-for-Sale (OFS) run by its sponsor KKR. Last week, KKR successfully concluded an OFS process to bring their unitholding down from 21.17 per cent Read more

IndiGrid brings strategic partners to develop transmission projects in India

India Grid Trust (IndiGrid) announced that it has partnered with British International Investment (BII), Norwegian Climate Investment Fund and Techno Electric & Engineering Company Ltd, to collaboratively undertake development of IndiGrid’s greenfield interstate transmission system (ISTS) projects.   Role of Read more

IndiGrid wins ISTS-TBCB scheme “Kallam Transco Ltd”

  India Grid Trust (IndiGrid) has won an interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) route. The scheme is housed under project SPV “Kallam Transco Ltd.” In a stock exchange communication, REC Power Development & Consultancy Read more

IndiGrid operationalizes its first greenfield project

    India Grid Trust (IndiGrid) has announced that it has operationalized its first greenfield project – Kallam Transmission Ltd. The project was won by IndiGrid in December 2021 through the tariff-based competitive bidding (TBCB) Read more

IndiGrid wins 360 MWh BESS project in Gujarat

    India Grid Trust (IndiGrid) has won a battery energy storage system (BESS) in Gujarat. In an official communication, IndiGrid said that is has received a letter of intent from Gujarat Urja Vikas Nigam Ltd (GUVNL) to design, supply, test, Read more

IndiGrid acquires 300-mw solar asset, portfolio crosses 1-GW mark

    India Grid Trust (IndiGrid) has completed the acquisition of a 300-mw solar power asset, taking its overall solar portfolio to over 1 GW. In a release, IndiGrid announced that it has consummated transaction of 300 mw (AC) solar asset Read more

IndiGrid’s transmission portfolio touches 8,468 ckm

    India Grid Trust (IndiGrid), India’s first power sector infrastructure investment trust (InvIT), had a total power transmission portfolio of 8,468 ckm, as of December 31, 2023. In an investor presentation, IndiGrid announced that as of December 31, 2023, it Read more

IndiGrid to acquire solar asset from ReNew Power

    India Grid Trust (IndiGrid) is set to acquire a major solar power asset from ReNew Power. In a release, IndiGrid said that it has signed a share purchase agreement with ReNew Solar Power Pvt Ltd (RSPPL) to acquire their Read more