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
Kallam Transmission Ltd, a project special purpose vehicle that is developing an interstate transmission system (ISTS) project in the TBCB mode, has been entrusted with an additional component to be built under the regulated tariff mechanism (RTM) modality. In Read more
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
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
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
India Grid Trust (IndiGrid) has completed its largest transmission project deal by acquiring NER-II Transmission Ltd (“NER-II”) from Sterlite Power at an enterprise value of around Rs.4,625 crore. IndiGrid AUM reaches Rs.20,000 crore With this acquisition, IndiGrid’s assets under management Read more