IndiGrid Infrastructure Trust , through its investment manager IndiGrid Investment Managers Limited, has announced plans to raise additional capital of up to INR 1000 crore. This move comes on top of the previously approved INR 1500 crore limit set in October 2025, signaling an expansion strategy for the infrastructure investment trust.

Key Highlights

• The Board of Directors of IndiGrid Investment Managers Limited approved an enabling resolution for the additional capital raise.
• The total capital raising limit now stands at INR 2500 crore, combining the new approval with the previous limit.
• The company plans to explore various modes of capital raising, including rights issue, preferential issue, and institutional placement.
• The capital raise is subject to necessary approvals from statutory, regulatory, and other authorities, as well as unitholder consent.

Financial Context

To understand the significance of this capital raising plan, let's look at IndiGrid's recent financial position:

The substantial year-on-year increases across these key financial metrics suggest that IndiGrid has been on a growth trajectory. The proposed capital raise of INR 1000 crore, in addition to the previously approved INR 1500 crore, could further strengthen the company's financial position and support its expansion plans.

Potential Implications

1. Expanded Investment Capacity: With the increased capital, IndiGrid may be able to pursue larger infrastructure projects or acquisitions, potentially enhancing its portfolio and revenue streams.

2. Improved Liquidity: The additional funds could provide IndiGrid with greater financial flexibility, allowing it to optimize its capital structure and potentially reduce borrowing costs.

3. Market Confidence: The Board's decision to seek additional capital may be viewed as a sign of confidence in the company's growth prospects and its ability to identify profitable investment opportunities in the infrastructure sector.

4. Unitholder Approval: The company will need to obtain unitholder approval for this capital raise, which will be a crucial next step in the process.

As IndiGrid moves forward with its capital raising plans, investors and market watchers will be keen to see how the company deploys these funds and the impact on its future growth and performance in the infrastructure investment space.

Note: All financial figures are based on the latest available data as of March 2025.

IndiGrid Infrastructure Trust , India's first and largest publicly listed power sector Infrastructure Investment Trust (InvIT), has announced a strategic move to strengthen its presence in Karnataka's power transmission sector. The company has executed a share purchase agreement to acquire 100% shareholding of Gadag Transmission Limited (GTL) from ReNew Transmission Ventures and KNI India AS for an enterprise value of INR 372.00 crore.

Strategic Acquisition Details

• Asset: Gadag Transmission Limited (GTL)
• Enterprise Value: INR 372.00 crore
• Sellers: ReNew Transmission Ventures and KNI India AS
• Type: Inter-State Transmission System (ISTS) project

Key Highlights of the Acquisition

Solar Power Evacuation

GTL plays a crucial role in evacuating approximately 2,500 MW of solar power from the Gadag Solar Energy Zone in Karnataka.

Financial Impact

The acquisition is expected to contribute INR 18.00 crore to IndiGrid's annual Net Distributable Cash Flow (NDCF) in the near term.

Asset Specifications

• 187 circuit kilometers of transmission lines
• 1,000 MVA substation
• Operational since September 2024

IndiGrid's Financial Position

To provide context for this acquisition, let's look at IndiGrid's recent financial data:

The acquisition of GTL aligns with IndiGrid's strategy of expanding its portfolio of critical grid assets. With this addition, IndiGrid continues to strengthen its position in the power transmission sector, particularly in supporting India's renewable energy integration efforts.

The transaction is subject to customary adjustments and regulatory approvals. Once completed, it will further diversify IndiGrid's asset portfolio and potentially enhance its ability to deliver stable returns to unitholders.

As India continues its push towards renewable energy, acquisitions like these play a vital role in ensuring the necessary infrastructure is in place to support the country's growing clean energy capacity. IndiGrid's move demonstrates its commitment to participating in and facilitating India's energy transition journey.