KKR-backed IndiGrid acquires $41m transmission asset
India Grid Trust (IndiGrid), an infrastructure investment trust backed by KKR and GIC Private, has acquired a power distribution company in north India for INR3.1 billion ($134 million).
According to a release, the asset in question is Jhajjar KT Transco (JKTL), an intra-state transmission network managed by two companies. It follows the purchase earlier in the year of a similar business...
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