Search result for : "indigrid"
Khargone Transmission to add Rs.85 crore to IndiGrid’s annual cash flow
- Jan 26, 2023
The newly-announced acquisition of Khargone Transmission Ltd by India Grid Trust (IndiGrid) is expect to add around Rs.85 crore per year to the InvIT’s net distribution cash flow, IndiGrid said in a statement. It may be recalled that earlier Read more
IndiGrid to acquire Khargone Transmission Ltd
- Jan 23, 2023
India Grid Trust (IndiGrid) has proposed to acquire the entire equity capital of Khargone Transmission Ltd (KTL) that owns an operational interstate transmission system. In a stock exchange communication, IndiGrid said that it will be seeking the approval of Read more
IndiGrid and GR Infraprojects partner for power transmission bids
- Dec 21, 2022
India Grid Trust and GR Infraprojects Ltd have announced a strategic partnership in the Indian power transmission sector. An MoU has been signed to jointly bid for identified TBCB (tariff-based competitive bidding) transmission projects aggregating to approximately Rs.5,000 crore. Ministry Read more
We are ensuring that project quality is top notch: IndiGrid
- Sep 21, 2022
India Grid Trust (IndiGrid) is India’s first infrastructure investment trust (InvIT) focused on the power sector. While IndiGrid has grown its portfolio through acquisition of power-related assets, it is interesting to Read more
IndiGrid set to acquire Raichur-Sholapur transmission asset
- Aug 1, 2022
India Grid Trust (IndiGrid), on July 30, 2022, signed the share purchase agreement (SPA) to acquire Raichur Sholapur Transmission Company Pvt Ltd (RSTCPL), an operational transmission asset, from its existing owners. The SPA was signed for acquisition of 100 Read more
IndiGrid to explore opportunities in energy storage
- Jul 27, 2022
India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power sector will be exploring opportunities in areas like utility-scale battery storage, apart from its core area of power transmission. An investor presentation discussing the InvIT’s performance Read more
We see tremendous opportunity in the greenfield power transmission space: IndiGrid
- Feb 24, 2022
India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power transmission sector, was recently in the news with some major developments like winning its first greenfield TBCB power Read more
Sterlite Power completes full transfer of residual ownership in IndiGrid
- Jan 15, 2022
Sterlite Power Transmission Ltd (Sterlite Power) has successfully completed the full transfer of its residual ownership in IndiGrid. In a release, Sterlite Power announced the successful sale of its remaining shareholding constituting 26 per cent of Read more
IndiGrid completes acquisition of Kallam Transmission Ltd
- Dec 29, 2021
India Grid Trust (IndiGrid), in a stock exchange filing, said that a consortium of two of its wholly-owned subsidiaries has completed the acquisition of “Kallam Transmission Ltd” from REC Power Development & Consultancy Ltd. A consortium of IndiGrid 1 Read more
IndiGrid wins its first greenfield transmission project
- Dec 2, 2021
Having build its portfolio so far through acquisitions, India Grid Trust (IndiGrid) has won its first greenfield power transmission project, the power sector infrastructure investment trust (InvIT) said in a release. IndiGrid, India’s first power sector InvIT, has received Read more