India Grid Trust (IndiGrid) has completed acquisition of a transmission asset Gurgaon Palwal Transmission Ltd (“GPTL”), from Sterlite Power at an enterprise value of around Rs.1,080 crore.
Responding to media queries after the ZIVA launch press conference, Vivek Sharma, Managing Director, Panasonic Life Solutions explained that ZIVA will be the entry-level modular switch range, and will be targeted at consumers that would like to graduate from the hugely popular “Penta” range of non-modular switches.