IndiGrid Infrastructure Trust
161.46
+0.40(+0.25%)
Market Cap₹13,474.77 Cr
PE Ratio39.81
IndustryPower
Company Performance:
1D+0.25%
1M+2.05%
6M+15.07%
1Y+17.46%
5Y+17.91%
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Latest news about IndiGrid Infrastructure Trust
More news about IndiGrid Infrastructure Trust
24Apr 25
IndiGrid Infrastructure Trust to Raise ₹470 Crore Through Non-Convertible Debentures
IndiGrid Infrastructure Trust has approved the issuance of non-convertible debt securities worth up to ₹470 crore. The company maintains AAA credit ratings from ICRA, Crisil, and India Ratings & Research, reflecting strong financial stability. IndiGrid's diverse debt portfolio includes ₹76.86 billion in non-convertible debentures, ₹39.56 billion in bank loans, and a ₹2.50 billion commercial paper program. This move aims to enhance financial flexibility and support infrastructure development initiatives.
04Apr 25
IndiGrid Pioneers India's First Regulated Utility-Scale BESS in Delhi
IndiGrid Infrastructure Trust has commissioned India's first regulated utility-scale standalone Battery Energy Storage System (BESS) in Delhi. The 20 MW / 40 MWh project, operated by Kilokari BESS Private Limited, achieved Commercial Operation Date on April 1, 2025. The BESS aims to integrate renewable energy, stabilize the grid, manage peak demand, and address ancillary needs. IndiGrid completed the project in record time since its award in October 2023. This addition expands IndiGrid's portfolio to include 41 power projects, 49 transmission lines, 15 substations, solar generation capacity, and BESS, with Assets Under Management exceeding ₹294.00 billion.
24Mar 25
IndiGrid Infrastructure Trust Unveils Ambitious 32 Billion Rupee Debt Raising Plan
IndiGrid Infrastructure Trust's board has approved a plan to raise up to 32.00 billion rupees ($385 million) in debt financing. This significant financial move signals confidence in the company's stability and growth prospects. While the specific use of funds is undisclosed, potential allocations could include expansion projects, debt refinancing, strategic acquisitions, or infrastructure development. The decision reflects positively on the company's financial health and the overall outlook for India's infrastructure sector.
21Mar 25
IndiGrid Infrastructure Trust Approves Massive Debt Raising of ₹3,200 Crore
IndiGrid Infrastructure Trust's board has approved raising debt up to ₹3,200 crore ($385 million USD). The decision, made on March 21, 2025, allows for flexible financing through term loans, non-convertible debentures, and other legal means. While the specific use of funds is not stated, this move suggests significant growth plans, potentially for expanding asset portfolio, upgrading infrastructure, refinancing debt, or funding new acquisitions.
03Mar 25
IndiGrid Subsidiary Secures ₹195 Crore Annual Transmission Project for Ratle and Kiru HEPs
IndiGrid Investment Managers Limited's subsidiary, IndiGrid 2 Private Limited, has received a Letter of Intent for an inter-state transmission project. The project involves power evacuation from Ratle (850 MW) and Kiru (624 MW) Hydroelectric Projects. It will be developed on a BOOT basis with a 24-month construction period, generating approximately ₹195.23 crore in annual transmission charges post-commissioning.
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