TAG: "IndiGrid"

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IndiGrid, BII and Norfund Launch USD 300M EnerGrid Platform

IndiGrid, BII, and Norfund have partnered to create EnerGrid, a USD 300 million platform focused on greenfield transmission and Battery Energy Storage System projects, aiming to support India’s energy transition and rapidly growing power infrastructure needs.

IndiGrid | November 13, 2024 | By EI News Network | 715

Marquee Institutional Investors Pick Significant Stake in IndiGrid

Post the completion of Offer-for-Sale by IndiGrid’s sponsor KKR, the listed power sector infrastructure investment trust has launched a preferential issue process to raise about INR 695 crore. Alberta Investment Management Corporation and HDFC Life have committed to invest about INR 567 crore and about INR 100 crore respectively.

IndiGrid | August 29, 2024 | By EI News Network | 1312

IndiGrid Partners with Global Investors to Enhance India's Power Transmission

IndiGrid partners with British International Investment, Norfund, and Techno Electric to develop three key power transmission projects, enhancing India's renewable energy infrastructure and supporting the evacuation of 6 GW capacity.

IndiGrid | August 16, 2024 | By EI News Network | 1391

DERC Approves India's First Commercial Utility-Scale BESS Project Supported by GEAPP

The approved project, a 20 MW/40 MWh BESS, will be strategically installed at BRPL’s 33/11 kV Kilokari substation and is on track to be the fastest BESS project to be commissioned, with a record time of 18 - 20 months from conceptualisation to implementation.

IndiGrid | May 08, 2024 | By Anurima Mondal | 1243

IndiGrid Wins Bid to Develop 180 MW Battery Energy Storage System in Gujarat

The 180 MW BESS project, awarded through a TBCB mechanism, will be developed on a build, own, and operate (BOO) basis for a period of 12 years.

IndiGrid | March 15, 2024 | By Abha Rustagi | 1516

KKR Acquires InvIT Virescent to IndiGrid for INR 4,000 Crores

VRET stated it inked definitive agreements with IndiGrid, the nation’s first and largest power transmission InvIT, to acquire all units of VRET along with its investment and project managers.

IndiGrid | May 13, 2023 | By EI News Network | 2029

IndiGrid Completes Solar Panel Bank Project Coupled with BESS in Maharashtra

IndiGrid announced that they have recently installed and commissioned their pilot project of Solar Panel bank coupled with Battery Energy Storage Systems at their Dhule Substation located in Maharashtra, for meeting the substation’s auxiliary consumption requirement.

IndiGrid | April 05, 2023 | By News Bureau | 2172

IndiGrid Acquires KTL from Sterlite Power

IndiGrid announced the completion of acquisition of 100% shareholding and economic interest in Khargone Transmission Limited from SPTL.

IndiGrid | March 03, 2023 | By News Bureau | 2087

IndiGrid, G R Infraprojects to Jointly Bid for Rs 5,000 Cr Power Transmission Projects

India Grid Trust (IndiGrid) and G R Infraprojects Ltd (GRIL) have signed a Memorandum of Understanding (MoU) to jointly bid for identified TBCB (Tariff Based Competitive Bidding) transmission projects aggregating to approximately Rs 5,000 crore in the Indian power transmission sector.

IndiGrid | December 21, 2022 | By Manu Tayal | 3090