Search result for 'indigrid'

REC's subsidiary, RECPDCL, has transferred four transmission SPVs to Power Grid Corporation of India Ltd and IndiGrid 2 Private Ltd. The projects include transmission lines, pooling stations, and...

BSES is set to launch India's first commercially approved standalone battery energy storage system (BESS) in Delhi, providing 4 hours of daily power to one lakh residents.

IndiGrid, BII, and the Norwegian Climate Investment Fund have partnered to create EnerGrid, a platform focusing on transmission and battery energy storage projects in India.

India Grid Trust reported a 154% jump in its consolidated net profit to Rs 98.73 crore for the September 2024 quarter, driven by higher revenues. The company also announced a Q2 FY25 distribution...

IndiGrid, India's largest power transmission InvIT, receives unitholder approval to raise up to Rs 695 crore through a preferential issue. The company will use the funds to expand its operations...

Techno Electric & Engineering Company partners with IndiGrid to develop two greenfield transmission projects in India. The partnership will involve co-development and investment in IndiGrid's ISTS...

India's Union Budget 2025 is seen as a boon for the solar sector, with announcements on tax cuts, pumped storage, and a focus on renewable energy.

Investor interest in InvITs and REITs soars, driven by promising returns. Fundraising through these routes hit ₹17,116 crore in FY24, a 14-fold increase year-on-year. Learn more.

IndiGrid has operationalized its first greenfield transmission project in Beed, Maharashtra, enabling evacuation of 1 GW of power from renewable energy projects in the area. The project is expected...

IndiGrid has acquired a 300 MW solar project in Rajasthan for Rs 1,550 crore, expanding its portfolio to 1.1 GWp. This acquisition adds Rs 80 crore of net distributable cash flow annually.

IndiGrid's net profit declined by 23% to Rs 91.92 crore in Q3, while total income rose to Rs 788.36 crore. Read more about IndiGrid's financial performance.

REITs and InvITs witnessed robust growth in 2023, with fund mobilization reaching ₹11,474 crore, driven by Sebi regulations and attractive returns. Learn more about this investment trend.

ReNew Power has sold a 300 MW solar project in Rajasthan to India Grid Trust for USD 199 million, reflecting strong investor interest in its assets. The transaction is expected to close soon.

IndiGrid, India's first listed power sector InvIT, has secured two interstate transmission projects worth over Rs 1,000 crore, involving construction of greenfield transmission lines.

IndiGrid, India's first publicly listed power sector InvIT, has raised Rs 670 crore through institutional placement, expanding its unit holder base with strong demand from existing and new investors.