Bajel Projects, NIIF and AnantGrid partner to bid for transmission projects
Bajel Projects Limited has entered into a collaboration agreement with the National Investment and Infrastructure Fund (NIIF) and NIIF’s subsidiary AnantGrid Private Limited to jointly bid for and develop power transmission projects in India. The agreement establishes a framework for the three entities to identify, evaluate and pursue selected transmission projects of mutual interest. For projects won through competitive bidding, Bajel Projects will hold a 26% equity stake in the project-specific special purpose vehicles (SPVs),…
