IndiGrid has commissioned its 180 MW/360 MWh battery energy storage system (BESS) project in Gujarat. The project was developed jointly by IndiGrid and EnerGrid. Gujarat Urja Vikas Nigam Limited (GUVNL) is the offtaker for the […]
International Finance Corporation (IFC) and IndiGrid have partnered to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. The project aims to support the state’s clean energy goals by improving […]
IndiGrid has signed definitive agreements to acquire two operational infrastructure assets, one solar project and one transmission project, in separate transactions. These transactions amount to a total enterprise value of approximately Rs 21.08 billion. Inclusive […]
India’s electricity demand is expanding with the rising urbanisation, digitalisation and increasing electrification of industries as well as transport, leading to the need for power infrastructure augmentation across all verticals – generation, transmission and distribution. […]
IndiGrid has announced its results for the financial year (FY) of FY 2024-25, ending March 31, 2025. In the fourth-quarter (Q4) of FY 2024-25, the company reported a consolidated revenue of Rs 8.743 billion, marking […]
IndiGrid has commissioned India’s first regulated utility-scale standalone battery energy storage system (BESS) project in Delhi with a capacity of 20 MW/40 MWh. The project, named Kilokari BESS Private Limited, represents IndiGrid’s first commercial BESS […]
IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform for developing greenfield transmission and standalone battery energy storage system (BESS) projects in India. […]
IndiGrid, Kintech Synergy, and H.G. Infra Engineering have been selected as winners of NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) […]
India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) has successfully concluded the offer-for-sale (OFS) run by its sponsor KKR. Subsequently, they have launched their preferential issue process to raise Rs 6.95 billion. The OFS […]
India Grid Trust (IndiGrid) has announced a collaboration with British International Investment (BII), the Norwegian Climate Investment Fund, managed by Norfund, and Techno Electric and Engineering Company Limited (Techno) to develop IndiGrid’s greenfield Interstate Transmission […]
IndiGrid has announced that it has commenced its first greenfield project, namely Kallam Transmission Ltd (KTL). Situated at Beed, Maharashtra, the project has been developed on the basis of build, own, and operate model for […]
IndiGrid has concluded aquisition of 300 MW AC solar asset at an enterprise valuation of approximately Rs 15.5 billion, excluding net working capital and cash adjustments, aligning with the share purchase agreement inked in January […]
For an enterprise value of Rs 15.5 billion, IndiGrid and ReNew Solar Power Private Limited (RSPPL) have inked a share purchase agreement for the acquisition of ReNew Solar Urja Private Limited (RSUPL). The overall valuation, […]
India Grid Trust (IndiGrid) has won a 20 MW/ 40 MWh battery energy storage system (BESS) project in Delhi. The company has received letter of award from BSES Rajdhani Power for design, supply, testing, installation, […]
Virescent Renewable Energy Trust (VRET) announced the signing of definitive agreements under which IndiGrid will acquire all the units under Virescent. This comes after a competitive sales process that drew interest from a number of […]
IndiGrid announced that International Finance Corporation (IFC) has subscribed to a listed non-convertible debentures (NCD) issuance of IndiGrid aggregating to Rs 11.4 billion. With a total tenure of 18 years, the NCD were priced at […]
Satish Talmale has over two decades of experience, mainly in the power sector, and is currently the Chief Operating Officer at the India Grid Trust (IndiGrid), where he is responsible for asset management of Rs […]
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