IndiGrid completes acquisition of GPTL Transmission project from Sterlite Power at an enterprise value of ~INR 10.8 Bn (USD 150 Mn)

IndiGrid completes acquisition of GPTL Transmission project from Sterlite Power at an enterprise value of ~INR 10.8 Bn (USD 150 Mn) Key Highlights IndiGrid’s AUM increases by ~9% to ~INR 133 Bn (USD 1.80 Bn) GPTL consists of 3 GIS of 3,000 MVA capacity and ~270 ckms of 400 KV transmission lines Acquisition adds ~INR […]

Indigrid acquires GPTL transmission project from Sterlite Power for Rs 1,080 crore

With the acquisition of Gurgaon Palwal Transmission Ltd (GPTL) for an enterprise value of Rs 1,080 crore, IndiGrid’s assets under management (AUM) have increased by 9 per cent to Rs 13,300 crore, the infrastructure investment trust said in a statement. Read more: The Financial Express