India Grid Trust (IndiGrid), India’s first listed power sector infrastructure investment trust (InvIT) and G R Infraprojects Limited (GRIL), one of India’s leading players in Infrastructure sector, have announced a strategic partnership in the Indian Power Transmission sector. A MoU has been signed to jointly bid for identified TBCB (Tariff Based Competitive Bidding) transmission projects […]
Tag: IndiGrid
IndiGrid, India’s first power sector Infrastructure Investment Trust, announced the appointments of Jayashree Vaidhyanathan as an Independent Director and Hardik Shah as Non-executive Director to the Board, effective November 30, 2021. Vaidhyanathan has decades of experience in driving product strategy in the Digital Transformation space, product innovation, risk management, M&A, technology delivery and execution. She […]
India Grid Trust (IndiGrid), India’s first power infrastructure investment trust (InvIT), announced the completion of acquisition of 100% stake in two solar assets with cumulative capacity of 100 MW (AC) from Fotowatio Renewable Ventures (FRV) at an enterprise value of ~INR 6.6 Bn. “With this acquisition, our asset portfolio will now consist of 14 diversified […]
Reliance Infrastructure Limited has announced the completion of sale of its entire 74% equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise value of Rs.900 crore. RInfra owns 74% in Parbati Koldam Transmission Company Limited (PKTCL) located in the state of Himachal Pradesh and Punjab in joint […]