Search result for : "indigrid"
IndiGrid set to acquire Raichur-Sholapur transmission asset
- Aug 1, 2022
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
IndiGrid to explore opportunities in energy storage
- Jul 27, 2022
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
We see tremendous opportunity in the greenfield power transmission space: IndiGrid
- Feb 24, 2022
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
Sterlite Power completes full transfer of residual ownership in IndiGrid
- Jan 15, 2022
Sterlite Power Transmission Ltd (Sterlite Power) has successfully completed the full transfer of its residual ownership in IndiGrid. In a release, Sterlite Power announced the successful sale of its remaining shareholding constituting 26 per cent of Read more
IndiGrid completes acquisition of Kallam Transmission Ltd
- Dec 29, 2021
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
IndiGrid wins its first greenfield transmission project
- Dec 2, 2021
Having build its portfolio so far through acquisitions, India Grid Trust (IndiGrid) has won its first greenfield power transmission project, the power sector infrastructure investment trust (InvIT) said in a release. IndiGrid, India’s first power sector InvIT, has received Read more
Consortium of IndiGrid subsidiaries emerges L1 for TBCB transmission project
- Nov 22, 2021
India Grid Trust (IndiGrid), in a release, has said that a consortium of its subsidiaries has emerged L1 for an interstate power transmission project under the TBCB mode. IndiGrid announced that a consortium of two of Read more
IndiGrid makes its first solar asset acquisition, diversifies from power transmission
- Jul 14, 2021
India’s first power-centric infrastructure investment trust (InvIT), IndiGrid, has acquired its first solar asset. So far, its portfolio was fully circumscribed by power transmission assets. In a release, IndiGrid said that it has completed acquisition of 100 per cent Read more
IndiGrid sees healthy acquisition pipeline
- May 28, 2021
India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power sector, foresees a healthy acquisition pipeline thanks to large-scale tendering of power transmission schemes. In an investor presentation discussing the financial performance in FY21, IndiGrid said Read more
IndiGrid completes acquisition of NER-II Transmission from Sterlite Power
- Mar 26, 2021
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