In Short : IndiGrid, a leading infrastructure investment trust, has secured major transmission projects and is poised to invest over Rs 1,000 crore. This significant investment reflects IndiGrid’s commitment to expanding and strengthening India’s power transmission infrastructure, contributing to the nation’s energy resilience and sustainability. In Detail : Infrastructure investment trust India Grid has bagged […]
In Short : In the second quarter, IndiGrid, a leading infrastructure investment trust (InvIT) in India’s power sector, reported a net profit of Rs 39 crore, marking a 69% decrease compared to the previous year. This decline is attributed to various factors, including market dynamics, operational costs, and regulatory changes within the energy sector. In […]
Infrastructure investment trust India Grid Trust posted a 37.4% rise in its consolidated net profit to Rs 137.12 crore in Jan-Mar 2023 quarter compared to a year ago, on the back of higher revenues Infrastructure investment trust India Grid Trust on Friday posted a 37.4 per cent rise in its consolidated net profit to Rs […]
The IndiGrid executed a unit purchase agreement on May 12, 2023, for the acquisition of 100 per cent of the units of Virescent Renewable Energy Trust (VRET), in one or more tranches, from the unitholders of VRET. Infrastructure investment trust India Grid Trust (IndiGrid) on Friday said it has signed a share purchase agreement for […]
India Grid Trust has announced that IFC (International Finance Corporation) has subscribed to a listed NCD (non-convertible debenture) issuance of IndiGrid, aggregating to Rs 1,140 crore, according to a statement. India Grid Trust on Thursday said it has raised Rs 1,140 crore through long-term non-convertible debentures from International Finance Corporation. India Grid Trust (IndiGrid) is […]
In-line with the company objective to contribute towards nation’s sustainability targets, IndiGrid [BSE: 540565 | NSE: INDIGRID], India’s first listed power sector infrastructure investment trust (InvIT), today announced that they have recently installed and commissioned their pilot project of Solar Panel bank coupled with Battery Energy Storage Systems (BESS) at their Dhule Substation located in […]
IndiGrid ends FY22 on a strong footing; FY22 EBITDA higher by 40% on a YoY basis; FY23 DPU guidance increased by 3.5% to ₹ 13.20. For more information please see below link: