IndiGrid Infrastructure Investment Trust (InvIT), focussed on the power sector, has maintained a positive outlook, and expects to continue its growth trajectory in FY21.
IndiGrid InvIT is backed by Sterlite Power Grid Ventures, which is majority owned by KKR and was established in 2016 to own inter-State power transmission assets in India. “The slew of measures taken by the government such as liquidity infusion of ₹90,000 crore into discoms (electricity distribution companies), coupled with stable power demand, despite industries and establishments working in reduced capacities (during Covid-19), makes us positive for the 2021 fiscal,” said Harsh Shah, CEO, IndiGrid.
