TAG: "Harsh Shah"

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IndiGrid to Acquire Transmission Project in Northeast from TEECL for INR 460 Crore

IndiGrid has signed definitive agreements with Techno Electric & Engineering Company Ltd. (TEECL) to acquire the under-construction NERES XVI Power Transmission project in Northeast India post-COD and requisite approvals, at a value of up to INR 460 crore.

Harsh Shah | August 25, 2025 | By Mrinmoy Dey | 891

IFC and IndiGrid Partner to Develop 180 MW/360 MWh Standalone BESS Project in Gujarat

IFC has partnered with IndiGrid to support a 180 MW/360 MWh battery energy storage project in Gujarat. IFC committed INR 4.6 billion in long-term financing to IndiGrid through a subscription to listed non-convertible debentures.

Harsh Shah | July 04, 2025 | By Mrinmoy Dey | 1168

IndiGrid Commissions India’s First Regulated Utility-Scale Standalone BESS in Delhi

IndiGrid has commissioned India’s first regulated utility-scale standalone Battery Energy Storage System (BESS) project—Kilokari BESS Pvt. Ltd. (KBPL)—with a capacity of 20 MW/40 MWh in Delhi. The system is designed to integrate renewables, stabilise the grid, manage peak demand, and support ancillary services.

Harsh Shah | April 07, 2025 | By Mrinmoy Dey | 1646

Marquee Institutional Investors Pick Significant Stake in IndiGrid

Post the completion of Offer-for-Sale by IndiGrid’s sponsor KKR, the listed power sector infrastructure investment trust has launched a preferential issue process to raise about INR 695 crore. Alberta Investment Management Corporation and HDFC Life have committed to invest about INR 567 crore and about INR 100 crore respectively.

Harsh Shah | August 29, 2024 | By EI News Network | 2027