IndiGrid BESS
Sector: Warehouse • Location: India
Source: International Finance Corporation (IFC)
The Project is an opportunity for IFC’s Indian Rupee equivalent of up to US$55 million (approximately INR 4.70 billion) subscription consisting of IFC own account investment of US$38.5 million and a US$16.5 million co-investment from CTF GESP, to support IndiGrid InvIT to achieve consistent growth in its asset portfolio. The Project is expected to demonstrate the use of InvITs in deepening capital
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Project is an opportunity for IFC’s Indian Rupee equivalent of up to US$55 million (approximately INR 4.70 billion) subscription consisting of IFC own account investment of US$38.5 million and a US$16.5 million co-investment from CTF GESP, to support IndiGrid InvIT to achieve consistent growth in its asset portfolio. The Project is expected to demonstrate the use of InvITs in deepening capital sources for infrastructure amidst recent favorable regulations allowing FPIs to participate in debt issuances by InvITs. The proceeds of this issuance will be used by IndiGrid to finance a 180MW/360MWh capacity standalone BESS project in Gujarat. IndiGrid won this Project in a competitive bidding (March 2024) conducted by GUVNL. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
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