Search result for : "indigrid"
IndiGrid acquires transmission project from Sterlite Power
- Sep 1, 2020
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. With this acquisition, IndiGrid’s AUM (assets under management) has increased by around Read more
Sterlite Power sells stake in IndiGrid, exits role as sponsor
- Aug 15, 2020
Sterlite Power has successfully sold of its 14.7 per cent stake in India Grid Trust (IndiGrid) to institutional and high net worth individuals (HNI) investors. Sterlite Power is the sponsor of IndiGrid, India’s first power sector InvIT, which saw Read more
IndiGrid to acquire 100pc equity in Jhajjar KT Transco
- Jun 1, 2020
India Grid Trust (IndiGrid) has announced the execution of the SPA (Share Purchase Agreement) for acquisition of 100 per cent stake in Jhajjar KT Transco Private Ltd from Kalpataru Power Transmission Ltd and Techno Electric & Engineering Company Read more
KPTL to divest stake in Jhajjar KT Transco to IndiGrid
- May 30, 2020
Kalpataru Power Transmission Ltd has announced execution of the share purchase agreement (SPA) to sell its entire stake in Jhajjar KT Transco Pvt Ltd to India Grid Trust (“IndiGrid”). The total Enterprise Value (EV) of JKTPL is about Rs.310 Read more
IndiGrid board approves acquisition of GPTL from Sterlite Power
- Apr 10, 2020
The Board of the Investment Manager of IndiGrid, India’s first InvIT in the power sector, has approved the acquisition of Gurgaon Palwal Transmission Ltd (“GPTL”) from Sterlite Power, at a value of up to Rs.10.80 billion (US$ 140 Read more
IndiGrid acquires ninth power transmission asset from Sterlite Power
- Mar 23, 2020
India Grid Trust (“IndiGrid”), India’s leading infrastructure investment trust, has announced the acquisition of another transmission asset, East North Interconnection Company Ltd (ENICL), from Sterlite Power at a value of $134 million. With this acquisition, IndiGrid’s AUM will Read more
IndiGrid set to acquire another transmission asset from Sterlite Power
- Jan 30, 2020
IndiGrid, India’s first infrastructure investment trust (InvIT), has approved the acquisition of East North Interconnection Transmission Company Ltd (“ENICL”) from Sterlite Power at a value of Rs.1,020 crore This acquisition would increase the assets under management (AUM) of Read more
Our vision is to become the most admired yield vehicle in Asia: IndiGrid
- Jan 18, 2020
The India Grid Trust (IndiGrid), sponsored by Sterlite Power Grid Ventures Ltd, one of India’s leading private power transmission companies, is India’s first infrastructure investment trust (InvIT) in the power Read more
Historic ISTS-TBCB project formally transferred to PGCIL
- Nov 19, 2024
Power Grid Corporation of India Ltd (PGCIL) has formally acquired “Khavda V-A Power Transmission Ltd” from bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) today, November 19, 2024. This project, for which PGCIL was Read more
GE Vernova T&D India: Order inflow quadruples in Q2FY25
- Nov 11, 2024
GE Vernova T&D India saw its order inflow in Q2 (July to September) of FY25 more than quadrupling, year-on-year. In a release, GE Vernova T&D India Ltd (formerly known as GE T&D India Read more