indigrid

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IndiGrid, BII and Norfund to Launch $300 Million Platform for BESS Projects

IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform focusing...

November 13, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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IndiGrid’s Revenue Up 16% YoY to ₹8 Billion in Q2 FY 2025

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported consolidated revenue of ₹8.06 billion ($96.7 million) in the second quarter (Q2) of the...

October 29, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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IndiGrid Receives ₹6 Billion Investment Commitments from AIMCo and HDFC

India Grid Trust (IndiGrid), a power infrastructure investment trust, has launched a preferential issue of shares priced at ₹136.43 (~$1.62) to raise approximately ₹6.95...

August 28, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Daily News Wrap-Up: NVVN Floats 25.65 MW Rooftop Solar Tender in Delhi

NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, has floated a tender for a 25.65 MW grid-connected rooftop solar power project for government...

August 19, 2024

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Staff

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Daily Wrap-up
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BII, Norfund to Invest in IndiGrid’s 6 GW Renewable Energy ISTS Projects

India Grid Trust (IndiGrid) has partnered with British International Investment (BII), the UK’s development finance institution, and impact investor Norwegian Climate...

August 16, 2024

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Tina Freese

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Finance and M&A

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Grid

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Renewable Energy
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Daily News Wrap-Up: SECI Announces Winners of 630 MW FDRE Auction

JSW Neo Energy (JSW Energy), Hero Solar Energy, Vena Energy, Hexa Climate Solutions, and Serentica Renewables won significant capacities in Solar Corporation of India’s...

July 29, 2024

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Mercom Staff

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Daily Wrap-up
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IndiGrid’s Q1 Revenue Surges 32.7% on Strategic Acquisitions

India Grid Trust (IndiGrid), a power infrastructure investment trust, reported that its first quarter revenue surged by 32.7% year-over-year, reaching ₹8.35 billion...

July 26, 2024

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Arshreet Singh

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Finance and M&A
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Daily News Wrap-Up: MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 3,508 MW of new solar module capacity. The...

May 28, 2024

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Mercom Staff

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Daily Wrap-up
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IndiGrid’s Transmission Portfolio Grows, Q4 FY 2024 Revenue Up 31% YoY

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a revenue of ₹7.86 billion (~$94.59 million) during the fourth quarter (Q4) of the...

May 27, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: IREDA Approves Loans of ₹373.54 Billion in FY24

Government-owned lender Indian Renewable Energy Development Agency approved loans amounting to ₹373.54 billion (~$4.48 billion) and disbursed ₹250.89 billion (~$3.01...

April 3, 2024

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Mercom Staff

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Daily Wrap-up
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IndiGrid’s First Greenfield Project to Evacuate 1 GW Renewable Energy in Maharashtra

Power sector infrastructure investment trust IndiGrid has operationalized its first greenfield project, Kallam Transmission, in Beed, Maharashtra. The project will...

April 2, 2024

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Arshreet Singh

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Other

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Renewable Energy
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Gensol and IndiGrid Win GUVNL’s 500 MWh BESS Auction at Record-Low Tariffs

Gensol Engineering and IndiGrid 2 (IndiGrid) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy...

March 7, 2024

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Satish Shetty

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: West Bengal’s Tender for 10 MW Solar Power Project

The West Bengal State Electricity Distribution Company has invited bids to build a 10 MW solar power project on a turnkey basis along the Teesta Canal bank in Uttar...

February 20, 2024

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Staff

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Daily Wrap-up
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Daily News Wrap-Up: NLC India Floats Tender for 393.9 MW of Solar Modules

NLC India has invited bids to procure 393.9 MW of solar modules for Gujarat State Electricity Corporation’s solar park in Khavda, Gujarat. The last day to submit the...

January 30, 2024

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Mercom Staff

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Daily Wrap-up
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IndiGrid’s Q3 FY 2024 Profits Down 23% YoY to $919 Million

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹919.21 million (~$11.05 million) during the third quarter (Q3) of the...

January 29, 2024

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Arjun Joshi

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Other

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Renewable Energy

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