Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 28, 2021

Power Grid InvIT IPO - Stable Distributable Cash Flow: IDBI Capital

Power Grid InvIT IPO - Stable Distributable Cash Flow: IDBI Capital
Smoke rises from a chimney as electricity pylons stand at a thermal power station in India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

Power Grid Corporation of India Ltd. is commencing its asset monetisation drive by infrastructure investment trust mechanism from April 29 to May 03, 2021.

InvIT offer size of Rs 77.3 billion is priced at Rs 99,100/unit.

Power Grid, acting as a sponsor, has transferred 11 operational power transmission lines with asset under management of Rs 72 billion to Power Grid InvIT.

All the 11 assets have annuity-like revenue with transmission line availability of 98% plus.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search