IndiGrid completes acquisition of Gujarat BESS Pvt Ltd at enterprise value of ₹573 crore
IndiGrid Infrastructure Trust · Power
Key highlights
- IndiGrid Infrastructure Trust acquired securities in Gujarat BESS Private Limited for approx. ₹573 crore, subject to closing adjustments
- Sellers include British International Investment PLC (BII) and Norfund via KNI India AS
- The project is under Build Own Operate (BOO) model, with annual revenue over ₹97 crore and a 12-year concession tenure
Why it's rated notable: amount is ₹500 crore or more
Original filing
Reg 23(5)(i): Disclosure of material issue
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from IndiGrid Infrastructure Trust
- Acquisition / mergerNotableIndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Acquisition / mergerMajor developmentIndiGrid Infrastructure Trust files half-yearly report for period ended Sept 30, 2026
- Capex / expansionMajor developmentIndiGrid Q2 FY27 profit up 102%; commissions Rajasthan BESS and MP transmission project
- Acquisition / mergerMajor developmentIndiGrid Infrastructure Trust files Q2 FY27 investor presentation with exchanges
- Acquisition / mergerNotableIndiGrid executes agreement to acquire Luhri Power Transmission Limited
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Potential multibaggers · Q2 FY27
Potential multibaggers in Power
on management's own guidance
- Strong growth2
- Strong growth1
- Adani PowerGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.