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Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion

IndiGrid is said to be India’s first power sector infrastructure investment trust

August 18, 2020

/ Rakesh Ranjan
/ Grid, Market & Policy
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Sterlite Power, a power transmission infrastructure developer, announced that it had sold a 14.7% stake in the India Grid Trust (IndiGrid) for an amount of ₹8.4 billion (~$112.2 million) to institutional and high net-worth individual (HNI) investors.

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Rakesh Ranjan

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