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India Grid Trust board to consider distribution, financial information on Jan 22, 2021 Posted On: 2021-01-16 20:50:00 (Time Zone: Arizona, USA) A meeting of the Board of Directors of India Grid Trust is scheduled on 22/01/2021, to consider and approve the Unaudited Financial Information of India Grid Trust for the period ended on December 31, 2020, along with the limited review report. The board will also consider distribution to unitholders of IndiGrid for Q3 FY 21, subject to the approval of the Board of Directors. The Record Date for the purpose of the above Distribution, if declared,...

India Grid Trust completes acquisition of Parbati Koldam Transmission Company Limited

Equity indices came off the day's low and traded near the flat line in morning trade. The Nifty took support near 13,700 level and bounced back. Negative global stock markets put pressure on domestic indices. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 40.34 or 0.09% at 47,000.01. The Nifty 50 index was up 3.7 points or 0.03% at 13,764.95. In broader market, the S&P BSE Mid-Cap index was down 0.18% while the S&P BSE Small-Cap index was up 0.27%. The market breadth was positive. On the BSE, 1327 shares rose and 1206 shares fell. A total of 118 shares were unchanged. COVID-19 ...

KKR's India InvIT buys FRV Solar assets in AP SECTIONS Share Synopsis India Grid Trust has signed a purchase agreement for acquisition of 100% in FRV Andhra Pradesh Solar Farm-I & FRV India Solar Park II – from FRV Solar Holdings, company said on Saturday. Getty Images India Grid Trust is in advanced discussions to acquire India portfolio of Fotowatio Renewable Ventures (FRV), ET first reported in September. Mumbai: India Grid Trust (IndiGrid), the KKR-owned first Infrastructure Investment Trust (InvIT) in the Indian power sector, has acquired India portfolio of Fotowatio Renewable Ventures...

IndiGrid to buy FRV Solar units for ₹660 crore Updated: Updated: Share Article AAA Infrastructure investment trust IndiGrid said it has inked an agreement to acquire 100% stake in two projects of FRV Solar Holdings for ₹660 crore. The completion of acquisition would depend upon receipt of relevant approvals, IndiGrid said. “India Grid Trust (IndiGrid) has signed a securities purchase agreement on December 18 for acquisition of 100% in FRV Andhra Pradesh Solar Farm-I Private Ltd & FRV India Solar Park II — Private Ltd from FRV Solar Holdings XI BV,” it said. The enterprise value o...