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
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
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
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
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), 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
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
Central Electricity Regulatory Commission (CERC) in a recent order has adopted the transmission charges of “Kallam Transmission Ltd” that were discovered under the tariff-based competitive bidding route. Kallam Transmission Ltd was awarded to the 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