{"id":346444,"date":"2020-04-13T11:55:02","date_gmt":"2020-04-13T06:25:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346444"},"modified":"2020-04-13T11:55:02","modified_gmt":"2020-04-13T06:25:02","slug":"indigrid-acquires-transmission-asset-for-rs-1080-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigrid-acquires-transmission-asset-for-rs-1080-cr\/","title":{"rendered":"Indigrid acquires transmission asset for Rs 1,080 cr"},"content":{"rendered":"<p>The board of the investment manager of IndiGrid has approved the acquisition of Gurgaon Palwal Transmission (GPTL) from Sterlite Power at a value of up to Rs 1,080 crore ($140 million).This acquisition would increase the assets under management (AUM) of India\u2019s first InvIT in the power sector by 10% to $1.75 billion. IndiGrid\u2019s portfolio will increase to ten power transmission projects with a total network of 25 power transmission lines and seven substations that span more than 6,080 circuit km &amp; 10,735 MVA across 15 Indian states post this acquisition.<\/p>\n<p>GPTL is part of Inter State Transmission Scheme (ISTS) network and consists of three gas insulated substations (GIS) with a total transformation capacity of 3,000 MVA and 270 circuit km of 400 KV transmission lines spread across Uttar Pradesh, Haryana and Rajasthan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of the investment manager of IndiGrid has approved the acquisition of Gurgaon Palwal Transmission (GPTL) from Sterlite Power at a value of up to Rs 1,080 crore ($140 million).This acquisition would increase the assets under management (AUM) of India\u2019s first InvIT in the power sector by 10% to $1.75 billion. IndiGrid\u2019s portfolio will increase to ten power transmission projects with a total network of 25 power transmission lines and seven substations that span more than 6,080 circuit km &amp; 10,735 MVA across 15 Indian states post this acquisition. GPTL is part of Inter State Transmission Scheme (ISTS) network [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-346444","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346444"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346444\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}