IndiGrid

IndiGrid wins ISTS-TBCB scheme “Kallam Transco Ltd”

  India Grid Trust (IndiGrid) has won an interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) route. The scheme is housed under project SPV “Kallam Transco Ltd.” In a stock exchange communication, REC Power Development & Consultancy Read more

IndiGrid operationalizes its first greenfield project

    India Grid Trust (IndiGrid) has announced that it has operationalized its first greenfield project – Kallam Transmission Ltd. The project was won by IndiGrid in December 2021 through the tariff-based competitive bidding (TBCB) Read more

IndiGrid wins 360 MWh BESS project in Gujarat

    India Grid Trust (IndiGrid) has won a battery energy storage system (BESS) in Gujarat. In an official communication, IndiGrid said that is has received a letter of intent from Gujarat Urja Vikas Nigam Ltd (GUVNL) to design, supply, test, Read more

IndiGrid acquires 300-mw solar asset, portfolio crosses 1-GW mark

    India Grid Trust (IndiGrid) has completed the acquisition of a 300-mw solar power asset, taking its overall solar portfolio to over 1 GW. In a release, IndiGrid announced that it has consummated transaction of 300 mw (AC) solar asset Read more

IndiGrid’s transmission portfolio touches 8,468 ckm

    India Grid Trust (IndiGrid), India’s first power sector infrastructure investment trust (InvIT), had a total power transmission portfolio of 8,468 ckm, as of December 31, 2023. In an investor presentation, IndiGrid announced that as of December 31, 2023, it Read more

IndiGrid to acquire solar asset from ReNew Power

    India Grid Trust (IndiGrid) is set to acquire a major solar power asset from ReNew Power. In a release, IndiGrid said that it has signed a share purchase agreement with ReNew Solar Power Pvt Ltd (RSPPL) to acquire their Read more

IndiGrid wins two ISTS schemes in TBCB mode

    India Grid Trust (IndiGrid) has received the letter of intent for two interstate transmission system (ISTS) schemes, won through the tariff-based competitive bidding (TBCB) mechanism. In a release, IndiGrid said that it has received letters of intent from REC Read more

IndiGrid raises Rs.670 crore through institutional placement

    India Grid Trust (IndiGrid) announced that it has successfully raised Rs.670 crore through an Institutional Placement (IP) process as laid out by SEBI. The IP process, launched on December 5, 2023, saw strong demand from both existing and new Read more

IndiGrid wins its first battery energy storage system project

  India Grid Trust (IndiGrid) has won its first battery energy storage system (BESS) project. In a release, IndiGrid – India’s first power sector infrastructure investment trust (InvIT) — said that it has won the mandate for design, supply, testing, Read more

IndiGrid starts construction work on RTM projects

  India Grid Trust (IndiGrid) has started work on several augmentation works that it has received on RTM basis. In an investor presentation discussing the financial performance in Q1 (April to June) of FY24, IndiGrid said that it has started Read more