Sterlite Power sells 14.7% stake in IndiGrid at INR 840 crores

Sterlite Power sells 14.7% stake in IndiGrid at INR 840 crores – Proud to have played a role in creating India’s first Power Sector InvIT (IndiGrid)– With the stake sale, Sterlite Power will focus on its core business as asset developer– Remains committed to executing on the Framework Agreement of INR 6500 Cr with IndiGrid– […]

Sterlite Power sells IndiGrid stake for Rs. 840 crore; L&T among buyers

Power transmission project developer Sterlite Power has sold its 14.7% stake in India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT), to institutional and high net worth individual investors, for Rs. 840 crore, the company said on Friday. Read more: Mint