India Grid Trust acquires two transmission assets from Sterlite Power
POWER & RENEWABLE ENERGY

India Grid Trust acquires two transmission assets from Sterlite Power

India Grid Trust has closed the acquisition of two power transmission assets – NRSS XXIX Transmission (NTL) and Odisha Generation Phase-II Transmission (OGPTL) – from Sterlite Power for an enterprise value of Rs 50.25 bn. Following this acquisition, IndiGrid's AUM has increased from Rs 52.2...

India Grid Trust has closed the acquisition of two power transmission assets – NRSS XXIX Transmission (NTL) and Odisha Generation Phase-II Transmission (OGPTL) – from Sterlite Power for an enterprise value of Rs 50.25 bn. Following this acquisition, IndiGrid's AUM has increased from Rs 52.20 bn to Rs 106.6 bn. The acquisition will help expand IndiGrid’s portfolio.Contact: Harsh Shah, CEO, India Grid TrustAddress: F-1 Mira Corporte Suites, 1 and 2 Ishwar Nagar, Mathura Road, New Delhi.Tel: 011-4996 2200.E-mail: harsh.shah@ltinfra.comWebsite: www.indigrid.co.in

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram