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)

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


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:

IDBI Capital Power Grid INVIT IPO Note.pdf


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