In Short : IndiGrid plans to construct a 180 MW battery storage system in Gujarat, enhancing the region’s energy storage capacity and facilitating the integration of renewable energy sources into the grid. In Detail : The letter of intent (LoI) for the project has been awarded by Gujarat Urja Vikas Nigam Limited (GUVNL), the InvIT […]
IndiGrid secures major transmission projects, set to invest over Rs 1,000 crore – EQ
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 […]
IndiGrid Q2 net profit falls 69 pc to Rs 39 crore – EQ
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 […]
IndiGrid net profit rises 37 pc to Rs 137 crore in Jan-March quarter – EQ Mag
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 […]
IndiGrid to acquire Virescent Renewable Energy Trust for up to Rs 4,000 cr – EQ Mag
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 […]
IndiGrid raises Rs 1,140 crore via long term bonds from IFC – EQ Mag
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 […]
IndiGrid Commissions First Battery Energy Storage Project – EQ Mag
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 reports robust Q1 performance on track to deliver FY23 DPU guidance of ₹13.20 – EQ Mag Pro
IndiGrid reports robust Q1 performance on track to deliver FY23 DPU guidance of ₹13.20. For more information please see below link:
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 – EQ Mag Pro
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:
India Grid Trust has received the reaffirmed ratings of AAA from ICRA and CRISIL Rating – EQ Mag Pro
India Grid Trust has received the reaffirmed ratings of AAA from ICRA and CRISIL Rating. For more information please see below link: