IndiGrid

IndiGrid, formally known as India Grid Trust, is an infrastructure investment trust (InvIT) in the Indian power transmission sector. It owns, operates, and maintains a portfolio of power transmission assets in India.

IndiGrid was established to provide a platform for investors to participate in the growth of the Indian power transmission sector, while allowing developers to monetize their operational assets and recycle capital for new projects. The trust's assets consist primarily of transmission lines and substations, crucial infrastructure for the efficient and reliable delivery of electricity across the country.

As an InvIT, IndiGrid distributes a significant portion of its net distributable cash flow to its unit holders on a periodic basis. This makes it an attractive investment option for those seeking stable and predictable returns from infrastructure assets. The trust operates under a regulatory framework overseen by the Securities and Exchange Board of India (SEBI), which governs the structure and operations of InvITs in India.

The performance of IndiGrid is influenced by factors such as the availability and reliability of its transmission assets, the demand for electricity in the regions it serves, and regulatory changes affecting the power sector. Its revenue model is generally based on long-term transmission service agreements (TSAs) with power distribution companies and other utilities. These TSAs provide a predictable revenue stream for the trust.