IndiGrid ka Naya Deal: Solar aur Transmission Assets Acquire!
IndiGrid ne Saturday ko announce kiya ki woh ReNew Solar Aayan, jo ki ek 300 MW (AC) solar project hai, aur Koppal Narendra Transmission ko acquire karenge. Yeh do alag-alag deals lagbhag Rs 2,108 crore mein hongi. Statement mein kaha gaya hai ki adjustments ke saath, enterprise value Rs 2,175 crore se zyada nahi hogi. Kya baat hai! Investors ke liye yeh ek bada update hai.
Details Kya Hain?
IndiGrid ne ek solar aur ek transmission asset ko acquire karne ke liye definitive agreements sign kiye hain. Inki total enterprise value lagbhag Rs 2,108 crore hai, jismein net working capital aur cash adjustments shaamil nahi hain. Yeh breaking news hai business sector ke liye!
Solar Project ki Jankari
Renew Solar Aayan Pvt. Ltd., jo solar asset hai, ek 300 MW (AC) ka project hai. Yeh Barmer, Rajasthan mein hai, jo high solar irradiation ke liye famous hai. Rajasthan mein solar energy ka potential bahut zyada hai!
Yeh project March 2024 se chal raha hai aur iska Solar Energy Corporation of India ke saath 25 saal ka Power Purchase Agreement hai, jismein Rs 2.37 per unit ka fixed tariff hai. Ab yeh hui na baat!
ReNew Solar Power Pvt. Ltd. ki 100% subsidiary, RSAPL, RSUPL ke paas hai – jise IndiGrid ne 2024 mein acquire kiya tha. Isse operational synergies milengi aur renewable segment mein platform ki presence strong hogi.
Transmission Asset ki Details
Koppal Narendra Transmission Ltd., jo transmission asset hai, ek Build-Own-Operate-Maintain Inter-State Transmission System project hai. Yeh Karnataka mein hai. Karnataka mein infrastructure development tezi se ho raha hai!
Yeh October 2023 se chal raha hai. KNTL mein lagbhag 276 circuit kilometres ki transmission lines aur 2,500 MVA ki transformation capacity hai. Isse grid ki efficiency badhegi.
Yeh asset jointly owned hai ReNew Solar Power Pvt. Ltd. (51%) aur KNI India (49%) ke dwara, jo Norfund aur KLP ke beech ek joint venture hai. Interesting partnership!
Future Plans
IndiGrid ke liye KNTL long-term augmentation potential offer karta hai, kyunki yeh ek aise region mein hai jahan grid expansion tezi se ho raha hai. Awesome!
Regulatory aur contractual approvals ke baad, IndiGrid 100% shareholding aur management control acquire karega. Yeh definitive aur concession agreements aur power purchase agreement ke provisions ke according hoga, jismein lock-in obligations bhi shaamil hain.
Management Speak
IndiGrid ke Managing Director, Harsh Shah ne kaha, “Yeh acquisitions hamari long-term strategy ke saath align karte hain. Hum grid stability aur energy access ko support karne wale essential infrastructure ko own aur operate karke is transformation mein meaningfully participate karna chahte hain.” Visionary thinking!
Funding
Yeh acquisition equity, internal accruals, aur debt ke combination se fund kiya jayega. Acquisition ke baad net debt/AUM 62% hoga, jisse future growth ke liye kaafi space milega. Business ki duniya mein badi khabar!