# IndiGrid to acquire 74% stake in Parbati Koldam Transmission from Reliance Infra

India Grid Trust signed a share purchase agreement on November 28, 2020 to acquire a 74% stake in Parbati Koldam Transmission Company from Reliance Infrastructure. The implied enterprise value for 100% equity is INR 900 crore.

- Type: Acquisition
- Announced: 2020-11-28
- Where: India
- Value: $122.0M (9.00B INR)
- Status: announced
- Products: transmission lines for power evacuation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Reliance Infrastructure](https://endata.com/companies/23956.md) (target)
- [India Grid Trust](https://endata.com/companies/46102.md) (acquirer)
- [Parbati Koldam Transmission Company](https://endata.com/companies/51517.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/indigrid-inks-pact-to-acquire-74-stake-in-parbati-koldam-from-reliance-infra-120112800761_1.html), 2020-11-28: "India Grid Trust has signed share purchase agreement on November 28th, 2020 for acquisition of 74 per cent in Parbati Koldam Transmission Company Ltd (PKTCL) from Reliance Infrastructure Ltd"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.