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IndiGrid to Acquire Gadag Transmission for ₹3.72 Billion

IndiGrid to Acquire Gadag Transmission for ₹3.72 Billion

GTL, currently owned by ReNew Transmission Ventures and KNI India AS, will be fully acquired by IndiGrid once the transaction closes. IndiGrid, India’s first and largest publicly listed power‑sector infrastructure investment trust (InvIT), has announced the execution of definitive agreements to acquire Gadag Transmission Ltd (GTL), an inter‑state transmission (ISTS) project in Karnataka, for an...