IndiGrid
Additional evacuation infrastructure planned in Kallam area
- Jun 23, 2023
More transmission infrastructure is being planned in the Kallam area of Maharashtra, to support the growing demand for renewable energy (RE) evacuation. This scheme officially termed as “Western Region Network Expansion Scheme in Kallam area of Maharashtra” is expected Read more
IndiGrid is actively evaluating transmission schemes under TBCB modality
- Jun 21, 2023
India Grid Trust (IndiGrid), India’s first power sector investment infrastructure trust (InvIT), experienced some very interesting developments in the recent past. These included winning a greenfield TBCB project, securing additional transmission components under the RTM route and signing Read more
CERC approves transmission licence to Patran RTM project
- Jun 2, 2023
Central Electricity Regulatory Commission (CERC) has approved grant of transmission license to the Patran substation expansion project in Punjab that is being developed under the RTM route. In a recent order, CERC, while approving the grant of transmission license, Read more
IndiGrid board approves acquisition of Virescent Renewable Energy Trust
- May 13, 2023
The board of directors of India Grid Trust (IndiGrid) has approved the acquisition of 100 percent units of Virescent Renewable Energy Trust (VRET) along with its Investment Manager (IM) and Project Manager (PM), at an enterprise valuation of Read more
IndiGrid raises long-term finance from IFC
- Apr 21, 2023
India Grid Trust (IndiGrid) has announced that International Finance Corporation (IFC) has subscribed to a listed NCD issuance of IndiGrid, aggregating Rs.1,140 crore. With a total tenure of 18 years, the NCDs were priced at a Read more
TBCB Report Card for FY23: 8 awarded, 6 completed
- Apr 19, 2023
A special study by T&D India, based on official documents, suggests that during fiscal year 2022-23 ending March 31, 2023, a total of eight interstate transmission projects were awarded under the tariff-based competitive bidding (TBCB) route. Further, six Read more
IndiGrid commissions its first BESS with solar panels at Dhule substation
- Apr 6, 2023
IndiGrid (India Grid Trust) has recently installed and commissioned a pilot project of a solar panel bank coupled with a battery energy storage system (BESS) at the InvIT’s Dhule substation in Maharashtra. This BESS-cum-solar panel facility will be used Read more
IndiGrid acquires Khargone Transmission from Sterlite Power
- Mar 3, 2023
India Grid Trust (IndiGrid) announced that it has completed the acquisition with 100 per cent holding and economic interest in Khargone Transmission Ltd (KTL) from Sterlite Power Transmission Ltd. IndiGrid and Sterlite Power had signed the binding share purchase Read more
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