IndiGrid, a listed infrastructure investment trust (InvIT) for power transmission lines, has approved the acquisition of East North Interconnection Company Ltd Transmission Company Limited (ENICL), at a value of ₹1,020 crore from Sterlite Power Transmission Ltd, a press release from the company said. This acquisition would increase the value of IndiGrid’s assets under management by 10% to ₹12,100 crore.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
