Page 2 - Indigrid
IndiGrid completes Rs 1,080 cr acquisition of GPTL Transmission project
India Grid Trust (IndiGrid) has completed the acquisition of another transmission asset Gurgaon Palwal Transmission Ltd (GPTL) from Sterlite Power at an enterprise value of Rs 1,080 crore.
 "IndiGrid completes Rs 1,080 cr acquisition of GPTL Transmission project")
Sterlite Power sells 14.7% stake in IndiGrid, HNIs for Rs 840 crore
Sterlite Power is the sponsor of IndiGrid, India's first power sector InvIT, which saw its initial offer in 2017
 "Sterlite Power sells 14.7% stake in IndiGrid, HNIs for Rs 840 crore")
IndiGrid Q1 revenue jumps 78% to Rs 361 crore on steady performance
India Grid Trust (IndiGrid) on Thursday reported a consolidated revenue of Rs 361 crore for the April to June quarter, up 78 per cent year-on-year.The consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) were Rs 329 crore, marking an increase of 74 per cent due to accretive acquisitions and steady operational performance.The board of investment manager for IndiGrid approved a distribution per unit (DPU) of Rs 3 for Q1 FY21 entirely payable as interest to unitholders.Including this 13th distribution, IndiGrid has delivered Rs 36.56 per unit since listing, marking a total return of 42 per cent as of July 31.The infrastructure investment trust said its management remains focused to maintain a strong balance sheet to successfully weather any near-term Covid-19 related uncertainty. The net debt/AUM stands at 50 per cent as of June 30, significantly below the 70 per cent cap as per SEBI InvIT regulations.The robust balance sheet provides ample headroom to ...
 "IndiGrid Q1 revenue jumps 78% to Rs 361 crore on steady performance")
Another robust quarter from IndiGrid, Ebitda up 24% to Rs 1.5 bn in Q2
On a half-yearly basis, Revenue and EBITDA stood at Rs 3.25 billion and Rs 2.97 billion respectively for H1 FY19
 "Another robust quarter from IndiGrid, Ebitda up 24% to Rs 1.5 bn in Q2")
