Kallam Transmission project operationalized
The project is Indigrid’s first greenfield project and consists of a substation and 18 km multi-circuit line.
The project is Indigrid’s first greenfield project and consists of a substation and 18 km multi-circuit line.
India: India Grid Trust has announced completing the acquisition of “Kallam Transmission Ltd” from REC Power Development & Consultancy Ltd.
India, Mumbai: India Grid Trust (IndiGrid), on 5 March, signed a share purchase agreement with Sterlite Power.
On 31 August, IndiGrid has completed the acquisition of Gurgaon Palwal Transmission Ltd from Sterlite Power at an enterprise value of $148.2 M (Rs 1,080 crore).
IndiGrid announced the acquisition of a transmission asset, East North Interconnection Company Limited (ENICL), from Sterlite Power at a value of $134 M.
IndiGrid approved the acquisition of East North Interconnection Company Ltd Transmission Company Limited from Sterlite Power Transmission Ltd (value = $145.7M).
Global investment firm KKR & Co Inc is leading a deal to acquire a controlling stake in India Grid Trust (IndiGrid) according to sources close to the company.