 "power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers")
Sterlite Power today announced the successful sale of its 14.7 per cent stake in India Grid Trust (IndiGrid) to institutional and high net worth investors for Rs 840 crore at a unit price of Rs 98.
Sterlite Power is the sponsor of IndiGrid, India’s first power sector InvIT, which saw its initial offer in 2017. "Sterlite Power is proud to have played a role in creating India’s first power sector InvIT which has grown over the years with participation from marquee investors. We will now focus on our core business as the developer of power transmission assets. We remain committed
