TAG: "IndiGrid"


DERC Approves India's First Commercial Utility-Scale BESS Project Supported by GEAPP

The approved project, a 20 MW/40 MWh BESS, will be strategically installed at BRPL’s 33/11 kV Kilokari substation and is on track to be the fastest BESS project to be commissioned, with a record time of 18 - 20 months from conceptualisation to implementation.

IndiGrid | May 08, 2024 | By Anurima Mondal 430

IndiGrid Wins Bid to Develop 180 MW Battery Energy Storage System in Gujarat

The 180 MW BESS project, awarded through a TBCB mechanism, will be developed on a build, own, and operate (BOO) basis for a period of 12 years.

IndiGrid | March 15, 2024 | By Abha Rustagi 705

KKR Acquires InvIT Virescent to IndiGrid for INR 4,000 Crores

VRET stated it inked definitive agreements with IndiGrid, the nation’s first and largest power transmission InvIT, to acquire all units of VRET along with its investment and project managers.

IndiGrid | May 13, 2023 | By EI News Network 1416

IndiGrid Completes Solar Panel Bank Project Coupled with BESS in Maharashtra

IndiGrid announced that they have recently installed and commissioned their pilot project of Solar Panel bank coupled with Battery Energy Storage Systems at their Dhule Substation located in Maharashtra, for meeting the substation’s auxiliary consumption requirement.

IndiGrid | April 05, 2023 | By News Bureau 1541

IndiGrid Acquires KTL from Sterlite Power

IndiGrid announced the completion of acquisition of 100% shareholding and economic interest in Khargone Transmission Limited from SPTL.

IndiGrid | March 03, 2023 | By News Bureau 1473

IndiGrid, G R Infraprojects to Jointly Bid for Rs 5,000 Cr Power Transmission Projects

India Grid Trust (IndiGrid) and G R Infraprojects Ltd (GRIL) have signed a Memorandum of Understanding (MoU) to jointly bid for identified TBCB (Tariff Based Competitive Bidding) transmission projects aggregating to approximately Rs 5,000 crore in the Indian power transmission sector.

IndiGrid | December 21, 2022 | By Manu Tayal 2423

Harsh Shah Resigns as CEO of Azure Power

Renewable energy producer Azure Power announced its Chief Executive Officer (CEO) Harsh Shah has resigned from his position with immediate effect.

IndiGrid | August 30, 2022 | By News Bureau 1386

IndiGrid Posts Rs 5,609 Mn Revenue in Q1

IndiGrid consolidated revenue for the quarter was up 1% YoY in Q1 FY23 to Rs 5,609 million while the consolidated EBITDA increased by 2% YoY at Rs 5,122 million.

IndiGrid | July 27, 2022 | By News Bureau 1404

Sterlite Power Completes Ownership Transfer in IIML

Sterlite Power Transmission Limited, announced the successful sale of its remaining shareholding constituting 26% of the equity shareholding in IndiGrid Investment Managers Limited (IIML) - Investment Manager of India Grid Trust (IndiGrid), to Electron IM Pte. Ltd. (Electron), an affiliate of KKR & Co. Inc.

IndiGrid | January 17, 2022 | By News Bureau 2026

Sterlite Power Wins 2nd Lot in Transmission Auction in Brazil

Transmission projects developer Sterlite Power Transmission Ltd’s Brazilian arm Sterlite Brazil Participações S.A. (Sterlite Brazil) has won the second lot in the transmission auction (no. 002/2021), promoted by the National Electric Energy Agency (ANEEL), at B3, in São Paulo.

IndiGrid | December 27, 2021 | By Manu Tayal 2017


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