All sectorsNational Monetisation Pipeline · 7.5% · ₹45,200 cr
Power Transmission
PGCIL's operating inter-state lines moved into PGInvIT and TBCB-style asset sales — the cleanest, most investor-friendly cash flows in the pipeline.
₹7,735 cr
PGInvIT IPO
35 yrs
Regulated life
>98%
Availability
The story
Five operating 765/400 kV transmission SPVs with 35-year regulated tariffs are bundled into an InvIT. Availability above 98% means near-bond-like revenue; the sponsor retains O&M and 15% units. Investors get 8–9% yield, PGCIL recycles ₹7,700 crore into the Khavda evacuation build-out. Growthifye's transmission engineering desk handles asset condition, availability-risk and CERC-tariff diligence.
Monetisation modes
- InvIT (PGInvIT, IndiGrid)
- Sale of TBCB SPVs
- Asset-backed bonds
Our approach
- 01Asset health & residual-life assessment (towers, conductors, GIS)
- 02CERC tariff, incentive and availability modelling
- 03InvIT vs sale valuation and tax structuring
- 04Lender/rating-agency diligence pack
Deliverables
- Technical due-diligence report
- Transmission cash-flow model
- InvIT structuring memo
- Rating-agency information pack
Same discipline we apply to energy assets
Work with Growthifye
Authority, bidder or investor — we run the whole transaction.