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Sterlite Power and AMP Capital JV’s On-Market Transmission Assets Attract Bids of INR 35-40 Billion

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Sterlite Power and AMP Capital JV’s on-market assets of Lakadia Vadodara Transmission and Udupi Kasargod Transmission have attracted bids totaling INR 35-40 billion from IndiGrid, Torrent Power, and Edelweiss Infrastructure Fund. The assets’ final equity is estimated at INR 10 billion. March 16, 2023 The Joint Venture (JV) of Sterlite......
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IndiGrid Inks Pact to Purchase Jhajjar KT Transco for INR 310 Crore

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The transaction is expected to be completed over the next few months. May 30, 2020 IndiGrid, a listed infrastructure investment trust (InvIT) for power transmission lines has executed share purchase agreement for the buyout of power transmission line operator Jhajjar KT Transco Pvt. Ltd., for about INR 310 crore, from......
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