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India Grid Trust to raise ₹4,200 crore
Business Standard
|March 22, 2025
India Grid Trust (IndiGrid), the country's first infrastructure investment trust (InvIT), plans to raise about ₹4,200 crore to acquire electricity transmission assets, solar power plants and to refinance its existing debt.
The KKR-backed firm will raise this capital through non-convertible debentures (NCDs). Currently, its assets under management (AUM) stood at around ₹29,300 crore. The total capital expenditure for the under-construction/letter of intent projects (LoI) and capacity augmentation at a few of the existing transmission assets is estimated at ₹4,700 crore.
Cette histoire est tirée de l'édition March 22, 2025 de Business Standard.
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