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India Grid Q2 net profit falls 69% to Rs 39 cr, total income up Rs 720 cr

India Grid Q2 net profit falls 69% to Rs 39 cr, total income up Rs 720 cr
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Renewable Energy: IndiGrid completes acquisition of Virescent Renewable Energy Trust

VRET is a Sebi-registered infrastructure investment trust set up on February 25, 2021 as per provisions of the InvIT Regulations. A total of 16 solar projects with a capacity of 538 MWp will be added to the IndiGrid portfolio following the acquisition. ....

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KKR's roads InvIT to raise Rs515 cr through rights issue

Highways Infrastructure Trust, an infrastructure investment trust (InvIT) owned by KKR, plans to raise INR 515 crore ($68.3m) via a rights issue. The investment vehicle comprises six road assets with more than 450 km in total length across six Indian states and is in the process of acquiring four hybrid annuity projects ....

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