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IndiGrid has completed the acquisition of three transmission assets from Sterlite Power Grid Ventures for Rs 14.10 billion and signed agreements to invest in Patran Transmission Company for Rs 2.32 billion, marking the first third-party acquisition by an InvIT.
IndiGrid approved the acquisition of three power transmission assets from Sterlite Power Grid Ventures Ltd for INR 14.9 billion, increasing its AUM by 40%.