The first power transmission InvIT of the country, IndiGrid, came out with a public issue of NCDs to raise up to Rs 1,000 crore last week
Investment trust IndiGrid on Friday inked an agreement to acquire 100 per cent equity stake in NER II Transmission
KPTL has posted more than two-fold jump in consolidated net profit to Rs 308 crore
AEML will increase renewable energy supply as part of Adani Group's commitment to lower carbon footprint, says Kandarp Patel.
A fast-growing economy in South Asia, Bangladesh has embarked on a plan to alleviate infra deficiencies and upgrade its power system to sustain the growth
The CAG observed that total 26,836 MW of LTA were surrendered by the customers from September 2010 to March 2018
India Grid Trust (IndiGrid) has completed the acquisition of another transmission asset Gurgaon Palwal Transmission Ltd (GPTL) from Sterlite Power at an enterprise value of Rs 1,080 crore.
It said evacuation infrastructure for renewable energy (RE) projects will drive investments in the power transmission segment
India currently has 87.67 GW of renewable generation capacity installed, close to a quarter of its total installed capacity of 371 GW
ReNew recently started participating in transmission project tenders
State peak hour power demand estimated to jump 35% to 30,000 mw by 2024
India has expanded transmission network capacity at a compound annual growth rate of 12% over 5 years between 2012-13 and 2017-18
A number of EPC firms invested in the transmission segment and such assets may come up for sale
GEC 1 as enabling infrastructure connecting renewables-rich states to main grid
States needs to improve operations as there is public pressure for better and reliable supply
The investment figure includes an estimate of Rs 30,000 cr in transmission systems below 220 kv
The government plans to offer projects totalling Rs 4,500 crore, but there is no timeline yet
Consolidation hits the youngest infra sector in country
For smooth integration of renewable energy with grid is need for adherence to grid standards and regulations by RE generators
But steep valuation is a deterrent for stocks such as ABB, Alstom T&D, and Siemens