PGInvIT
PGCIL to commission 18 ISTS-RTM projects in FY24
- Aug 31, 2023
Power Grid Corporation of India Ltd is expected to commission 18 ISTS projects awarded under the regulated tariff mechanism (RTM) route, in the remaining period of this fiscal year. According to information tabled in Parliament, PGCIL, as of August Read more
PGInvIT seeks to generate additional revenue through non-transmission route
- Jun 20, 2022
PowerGrid Infrastructure Investment Trust (PGInvIT) seeks to generate revenue from non-power transmission activities as well, it said in a recent investor presentation. Such revenue will be sought from various sources that include leasing of optical ground wire and transmission Read more
Powergrid InvIT to raise Rs.700 crore from HDFC Bank
- Mar 31, 2022
Powergrid Infrastructure Investment Trust (PGInvIT) will be raising Rs.700 crore from HDFC Bank Ltd, the InvIT said in a stock exchange filing. The recent filing from PGInvIT said that it has entered into a facility agreement for Rs.700 crore Read more
PowerGrid InvIT seeks unitholders’ nod for acquisitions
- Mar 1, 2022
PowerGrid Infrastructure Investment Trust (PGInvIT) has sought approval from unitholders for fresh investment in assets related to Power Grid Corporation of India Ltd (PGCIL). In a regulatory filing, Powergrid Unchahar Transmission Ltd (PUTL) – Read more
PGCIL board approves transfer of additional equity to PGInvIT
- Feb 24, 2022
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has recently approved transfer of additional equity in one subsidiary to Power Grid Infrastructure Investment Trust (PG InvIT). In a stock exchange notification, PGCIL said that its Read more
PGCIL monetizes Rs.2,736 crore from asset sale to PGInvIT
- May 15, 2021
Power Grid Corporation of India Ltd (PGCIL) has monetized Rs.2,736.02 crore by way of sale of five of its special purpose vehicles to Powergrid Infrastructure Investment Trust (PGInvIT). Here is a step-by-step account: The following five SPVs were sold Read more
PGCIL’s InvIT: Powergrid Unchahar Transmission Ltd to act as Investment Manager
- Apr 23, 2021
Powergrid Unchahar Transmission Ltd (PUTL), a wholly-owned subsidiary of Power Grid Corporation of India Ltd, and a project special purpose vehicle will act as the investment manager to PGCIL’s Infrastructure Investment Trust (InvIT) that is Read more
PGCIL’s InvIT set to launch on April 29
- Apr 23, 2021
Reliable reports suggest that Power Grid Corporation of India Ltd will launch its Infrastructure Investment Trust (InvIT) on April 29, 2021. Though there has been no official announcement by PGCIL to this effect, it is learnt Read more