Power Transmission
Real transaction · Power Transmission · 2021

PowerGrid InvIT (PGInvIT) IPO

₹7,735 crore2021Power Grid Corporation → public & institutional unit-holders5 ISTS SPVs · 3,699 circuit-km

The first PSU InvIT: five operating transmission SPVs with 35-year regulated tariffs monetised while PGCIL kept O&M — the cleanest cash flows in the pipeline.

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