IndiGrid to acquire Luhri Power Transmission for ₹13,360 crore
after close1 source ↓written by the desknot a recommendation
- ₹13,360 cr
IndiGrid Infrastructure Trust has signed a Securities Purchase Agreement to acquire Luhri Power Transmission Limited for an enterprise value of up to ₹13,360 cr. This acquisition targets a power transmission asset under construction, with commercial operations expected by Q3 FY30. The deal is structured as a related party transaction under SEBI regulations, ensuring compliance with valuation standards.
Not investment advice. For informational purposes only.