IndiGrid Completes Acquisition of GPTL Transmission Project for Rs 1080 Cr Updated On Tue, Sep 1st, 2020 by Saurenergy IndiGrid has completed the acquisition of the GPTL transmission project from Sterlite Power at an enterprise value of Rs 1080 crore. The India Grid Trust (IndiGrid), India’s leading infrastructure investment trust, has announced that it has completed the acquisition of another transmission asset – Gurgaon Palwal Transmission Limited (GPTL), from Sterlite Power at an enterprise […] Read more
Remote Nubra, Zanskar Valleys in Ladakh to Get Connected to National Grid Updated On Thu, Aug 27th, 2020 by Saurenergy The government has started work on a Rs 1,200 crore project to connect the Nubra valley and Zanskar valley in Ladakh to the national power grid. As part of efforts to boost infrastructure in the Ladakh region, the government has started work on a Rs 1,200 crore project to connect the northern most tip of the country – the […] Read more
HERC Proposes Reverse Auction for Transmission Projects Updated On Fri, Aug 21st, 2020 by Saurenergy HERC has asked for comments regarding threshold cost after which bidding route will be followed The Haryana Electricity Regulatory Commission (HERC) has proposed introducing reverse auction method to award projects related to setting up of transmission infrastructure. A discussion paper has been prepared by HERC that sheds light on how reverse bidding for transmission projects […] Read more
Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore Updated On Mon, Aug 17th, 2020 by Saurenergy Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […] Read more
Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA Updated On Mon, Aug 10th, 2020 by Saurenergy ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […] Read more
KEC Secures Orders Worth Rs 1192 Cr in Transmission, Cables and More Updated On Tue, Aug 4th, 2020 by Saurenergy KEC International has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution. Maharashtra headquartered infrastructure Engineering, Procurement and Construction (EPC) company KEC International Ltd has announced it has bagged multiple orders worth Rs 1,192 crore across business segments including power transmission and distribution (T&D), urban infrastructure, civil construction and cables. The firm has secured orders of Rs […] Read more
NV Energy Announces Transmission Project for Clean Energy Link up in Nevada Updated On Tue, Jul 21st, 2020 by Saurenergy NV Energy has announced its plans for Greenlink Nevada, transmission and renewable energy initiative that will transform Nevada’s clean energy landscape, create thousands of jobs, promote economic development and position the state to achieve its environmental and carbon reduction goals. Greenlink Nevada is comprised of two distinct transmission line segments that, once completed, will allow […] Read more
Adani Transmission Acquires Alipurduar Transmission From Kalpataru Updated On Tue, Jul 7th, 2020 by Saurenergy Adani Transmission has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission for around Rs 1,286 crore. Adani Transmission Ltd (ATL), one of India’s largest private sector power transmission companies, has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and […] Read more
Sterlite Power Concludes Refinancing of GPTL Project With HDFC Bank Updated On Tue, Jul 7th, 2020 by Saurenergy Sterlite Power has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project with HDFC Bank. Leading global power transmission player – Sterlite Power has announced that it has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project, within 3 months of the project […] Read more
