IndiGrid

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Infrastructure

21 April, 2023

IFC signs big cheque for PE-controlled infrastructure firm

International Finance Corporation, the World Bank Group's private-sector investment arm, has written a large cheque ......

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Infrastructure

25 May, 2021

South Africa's Phelan Energy Group in talks with investors to sell India portfolio

South Africa-based Phelan Energy Group Ltd is in discussions with financial investors to sell its India portfolio, two persons...

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Infrastructure

10 August, 2020

Why KKR's plan to come in as IndiGrid sponsor came unstuck

Private equity firm KKR & Co. stepped back from acquiring an additional stake in India Grid Trust likely because of ......

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Infrastructure

15 July, 2020

High debt, project delays mar Sterlite Power Transmission's quest for profit

At first glance, Sterlite Power Transmission Ltd appears to be on a roll. Its business grew, revenue rose, asset size ......

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Infrastructure

29 June, 2020

InvITs have been fairly resilient in the pandemic: IndiGrid's Harsh Shah

India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power transmission sector, made a muted stock market ......

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Markets

18 October, 2019

Loosened lending rules stoke optimism for fledgling InvIT market

Previously, banks were allowed to lend money to infrastructure investment trusts or InvITs at the level of the special purpose...

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Infrastructure

22 January, 2019

Sterlite-backed India Grid InvIT eyes multiple acquisitions

India Grid Trust, a listed infrastructure investment trust (InvIT), is looking to drive growth inorganically by acquiring assets...

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