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Norfund, IndiGrid, BII launch clean energy biz
Mint Mumbai
|November 14, 2024
IndiGrid has partnered with British International Investment (BII), the UK's development finance institution and impact investor, and the Norwegian Climate Investment Fund, managed by Norfund, to form a new business in the green energy space.
Called EnerGrid, the platform will focus on bidding for and developing projects in greenfield transmission and standalone battery energy storage systems (BESS) in India, said a statement from IndiGrid, a Mumbai-based power transmission infrastructure investment trust (InvIT), backed by KKR.
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