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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.

InvIT | March 15, 2024 | By Abha Rustagi | 1628

Sterlite Power Announces FY’23 Results, Records 30 Percent Increase in PAT

As of FY’23, the data indicates that revenue increased by 3.3 percent year-over-year to INR 3,923 Crores. EBITDA increased by 52.4 percent y-o-y to INR 558 Crores according to the financial figures. Profit After Tax (PAT) for the company has increased 30.3 percent year over year to INR 322 Crores.

InvIT | September 12, 2023 | By EI News Network | 1525

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.

InvIT | May 13, 2023 | By EI News Network | 2079

Sterlite Power Commissions Rs 1,662 Cr Khargone Transmission Project in MP

Power transmission infrastructure developer Sterlite Power Transmission Ltd (SPTL) has successfully commissioned the Khargone Transmission Ltd (KTL) project worth Rs 1,662 crore in the state of Madhya Pradesh (MP).

InvIT | January 04, 2022 | By Manu Tayal | 2333