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IndiGrid partners with BII, Norfund, Techno Electric to develop greenfield transmission projects across India

IndiGrid, a power sector infrastructure investment trust, has announced strategic partnerships with British International Investment (BII), the Norwegian Climate Investment Fund, and Techno Electric and Engineering Company to develop greenfield Interstate Transmission System (ISTS) projects across India. In fiscal year 2024, IndiGrid successfully operationalized its first greenfield ISTS project, Kallam Transmission, and secured five additional projects in ISTS and Battery Energy Storage Systems (BESS). These projects are expected to require a capital expenditure of approximately…