IndiGrid completes acquisition of GPTL transmission project
POWER & RENEWABLE ENERGY

IndiGrid completes acquisition of GPTL transmission project

India Grid Trust (IndiGrid) has completed the acquisition of the Gurugram Palwal Transmission (GPTL) poject from Sterlite Power at a value of Rs.10.80 bn. The acquisition increases the number of assets under IndiGrid by 9 per cent to Rs.133 billion. Its asset portfolio now includes 10 power tra...

India Grid Trust (IndiGrid) has completed the acquisition of the Gurugram Palwal Transmission (GPTL) poject from Sterlite Power at a value of Rs.10.80 bn. The acquisition increases the number of assets under IndiGrid by 9 per cent to Rs.133 billion. Its asset portfolio now includes 10 power transmission projects with a total network of 25 power transmission lines and seven sub-stations extending over 6,080 circuit km and 10,735 mega volt amperes in 15 Indian states.Contact: Harsh Shah, CEO, IndiGrid.Address: Mira Corporate Suits, F-1, Mathura Road, Ishwar Nagar, Bahapur, New Delhi, Delhi-110 065.Tel: 011-4996 2200.Website: www.indigrid.co.in

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