IndiGrid Acquisition of Solar and Transmission Assets
Sector: Power Generation (CCGT) • Location: Barmer and Koppal, Rajasthan and Karnataka, India
Source: Entrepreneur
India Grid Trust (IndiGrid) has signed definitive agreements to acquire two operational energy assets: a 300 MW solar power project and a high-capacity transmission system. The solar project, Renew Solar Aayan Private Limited (RSAPL), is located in Barmer, Rajasthan, operational since March 2024 with a 25-year power purchase agreement. The transmission project, Koppal Narendra Transmission Limited
- Status
- Prospective
- Sector
- Power Generation (CCGT), Solar
- Location
- Barmer and Koppal, Rajasthan and Karnataka, India
- Updated
- 22 Jul 2026
- Source
- Entrepreneur
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | India Grid Trust (IndiGrid) has signed definitive agreements to acquire two operational energy assets: a 300 MW solar power project and a high-capacity transmission system. The solar project, Renew Solar Aayan Private Limited (RSAPL), is located in Barmer, Rajasthan, operational since March 2024 with a 25-year power purchase agreement. The transmission project, Koppal Narendra Transmission Limited (KNTL), is a build-own-operate-maintain inter-state transmission system in Karnataka, commissioned in October 2023. IndiGrid will assume full ownership and management control pending regulatory approvals. The acquisitions are funded through equity, internal accruals, and debt, with a net debt-to-AUM ratio projected at 62%. |
Original sector | Energy |
Budget |
Location
Country | India |
State | Rajasthan and Karnataka |
City | Barmer and Koppal |
Source
Source | Entrepreneur |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Solar |
Article published date | 2025-06-10 |
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