India Grid Trust and G R Infraprojects have joined hands to bid for identified power transmission
projects worth Rs 5,000 crore.
“India Grid Trust (IndiGrid), India’s first listed power sector infrastructure investment trust (InvIT)
and G R Infraprojects Ltd (GRIL), one of India’s leading players in Infrastructure sector, have
announced a strategic partnership in the Indian power transmission sector,” an IndiGrid
statement said.
An agreement has been signed to jointly bid for identified TBCB (Tariff Based Competitive
Bidding) transmission projects aggregating to approximately Rs 5,000 crore, it stated.
The power ministry has recently unveiled a plan for investment of Rs 2,50,000 crore in building
transmission infrastructure for meeting the vision of 500 GW of renewable energy capacity by
2030 to meet its energy transition goal.
