IndiGrid Completes Acquisition of GPTL Transmission Project for Rs 1080 Cr Updated On Tue, Sep 1st, 2020 by Saurenergy IndiGrid has completed the acquisition of the GPTL transmission project from Sterlite Power at an enterprise value of Rs 1080 crore. The India Grid Trust (IndiGrid), India’s leading infrastructure investment trust, has announced that it has completed the acquisition of another transmission asset – Gurgaon Palwal Transmission Limited (GPTL), from Sterlite Power at an enterprise […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
IndiGrid Reports 92% Jump YoY in Revenue for Fourth Quarter Updated On Thu, May 28th, 2020 by Saurenergy IndiGrid has reported consolidated revenue of Rs 328.4 crore for the quarter ended March 31, 2020, up 92 percent YoY from Rs 170.5 crore in Q4 2019. IndiGrid, India’s first power sector Infrastructure Investment trust (InvIT), has announced its results for the financial year ended March 31, 2020. The firm has reported consolidated revenue of […] Read more
IndiGrid to Acquire Sterlite Power’s GPTL Transmission Project for Rs 1080 Cr Updated On Sat, Apr 11th, 2020 by Saurenergy The board of IndiGrid has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power at a value of Rs 1080 crore The board of IndiGrid Trust has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from transmission firm Sterlite Power at a value of Rs 1080 crore and is planning to […] Read more
IndiGrid Completes Acquisition of 9th Transmission Asset from Sterlite Power Updated On Wed, Mar 25th, 2020 by Saurenergy IndiGrid has announced the acquisition of another transmission asset, ENICL from Sterlite Power at a value of USD 134 million. India Grid Trust (IndiGrid), one of India’s leading infrastructure investment trust, has announced the acquisition of another transmission asset, East North Interconnection Company Limited Transmission Company Limited (ENICL), from Sterlite Power at a value of […] Read more
IndiGrid Acquires Power Transmission firm ENICL for Rs 1,020 Cr Updated On Thu, Jan 30th, 2020 by Saurenergy IndiGrid has announced the acquisition of power transmission firm ENICL for Rs 1,020 crore. IndiGrid, the country’s first infrastructure investment trust in the power sector, has announced the acquisition of power transmission firm East North Interconnection Company Ltd (ENICL) for Rs 1,020 crore. ENICL is part of the interstate transmission scheme network and consists of […] Read more
IndiGrid Approves Acquisition of Three Power Transmission Assets Updated On Mon, Oct 9th, 2017 by Saurenergy The three acquisitions consists of 5 transmission lines aggregating 1,425 Ckms thus increasing its total portfolio to 13 transmission lines and 2 substations across 8 states. IndiGrid, India’s first Infrastructure Investment Trust in the power sector, has approved the acquisition of three power transmission assets from its sponsor Sterlite Power Grid Ventures Ltd at a […] Read more
