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Power Grid InvIT IPO to open on April 29; price band fixed at Rs 99-100

The company informed that the net proceeds from the offer will be utilised towards providing loans to the initial portfolio assets for repayment or pre-payment of debt, including any accrued interest, and for general purposes The initial public offering (IPO) of PowerGrid Infrastructure Investment Trust, owned by state-run Power Grid Corporation of India, will open […]

UltraTech Cement to source renewable energy from CleanMax SPV – EQ

Power Grid Corp acquires transmission company in Rajasthan

BBTL is the project SPV to establish transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan New Delhi: State-owned Power Grid Corporation on Thursday said it has acquired Bikaner-II Bhiwadi Transco Ltd (BBTL) which would implement a power transmission project. “Power Grid Corporation of India Ltd, pursuant to its selection […]

APTEL Affirms Wind Power Companies’ Right to Exit PPAs Amid Contract Disputes – EQ