Search result for : "indigrid"
Udupi-Kasargode transmission scheme attains financial closure
- Jun 16, 2021
Sterlite Power has announced the successful financial closure of the project set up by Udupi-Kasargode Transmission Project Ltd (UKTL), after it secured the entire Rs.580-crore debt funding from REC Ltd. The project set up by UKTL is an inter-state Read more
Interconnetion point of Indo-Bangladesh link may not be shifted
- May 10, 2021
The National Committee on Transmission (NCT), in its latest meeting, has ruled out further deliberations on the proposed changes to the Indo-Bangladesh power link, via Tripura. There was a proposal to shift the interconnection point of the 400kV double-circuit Read more
Powergrid InvIT: Five assets identified for monetization
- Mar 1, 2021
Five assets have been identified for monetization with respect to the newly-formed Powergrid Infrastructure Investment Trust (InvIT), according to an investor presentation by Power Grid Corporation of India Ltd (PGCIL). The five assets represent operational transmission assets developed by Read more
TBCB Report Card for CY2020: Zero additions, four completions
- Feb 25, 2021
Not a single power transmission project, under the tariff-based competitive bidding (TBCB) route, was awarded during calendar year 2020, according to latest statistics released by Central Electricity Authority (CEA). What was widely speculated and discussed was confirmed by newly-released Read more
Powergrid Infrastructure Investment Trust registered
- Jan 11, 2021
In a very significant development, Securities & Exchanges Board of India (SEBI) recently granted the certificate of registration to “Powergrid Infrastructure Investment Trust”, an infrastructure investment trust (InvIT) sponsored by Power Grid Corporation of India Ltd. According to information Read more
Sterlite Power raises Rs.200 crore from Allianz Global Investors
- Jan 11, 2021
Sterlite Power has raised Rs.200 crore in debt financing from Allianz Global Investors, the global power transmission player said in a release. This transaction is one of the first infrastructure sector financing deals for Allianz GI -- one of Read more
Kalpataru Power Transmission lands new orders
- Dec 15, 2020
Kalpataru Power Transmission Ltd (KPTL), in a stock exchange filing, said that it has secured new orders in diverse segments. Mumbai-headquartered KPTL said that it was secured new orders, including notifications of award, valued at around Rs.1,300 crore. The global Read more
Kalpataru Power fully completes NERSS-VI transmission project
- Nov 14, 2020
Kohima-Mariani Transmission Ltd (KMTL), a special purpose vehicle majorly owned by Kalpataru Power Transmission Ltd (KPTL), has fully completed the North Eastern Region Strengthening Scheme (NERSS-VI). In a stock exchange filing, KPTL announced that KMTL has commissioned the second Read more
Kalpataru Power’s outstanding order book crosses Rs.12,000 crore
- Nov 7, 2020
Following a gradual improvement in the labour scenario and lockdown restrictions, Kalpataru Power Transmission Ltd’s order inflow has picked up in recent months. Its order book position as of September 30, 2020, stood at Rs.12,292 crore. In a release, Read more
KKR launches renewable energy platform in India
- Oct 29, 2020
Global investment firm KKR today announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Virescent currently owns 317 mw of solar assets located in Maharashtra and Tamil Nadu. Headquartered in Mumbai, Virescent Read more