Category: Deal Watch

India’s IndiGrid to acquire KTL from Sterlite Power

The Indian power sector’s first infrastructure investment trust, India Grid Trust (IndiGrid), has signed a share purchase agreement for the acquisition of 100 per cent shareholding and economic interest, in one or more tranches,...

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India’s Sterlite Power secures funding for KTL

Indian private sector transmission company, Sterlite Power Transmission Limited (SPTL), has achieved financial closure for its Kishtwar Transmission Limited (KTL) project located in Jammu and Kashmir. Sterlite Power has...

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EIB grants EUR65 million to Tunisian STEG

The European Investment Bank (EIB) has granted funds worth EUR65 million to the Tunisian electric company, Société Tunisienne de l’Electricitéet du Gaz (STEG), to strengthen its transmission network and rehabilitate the...

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Portuguese REN secures EUR300 million financing

Portuguese transmission system operator (TSO), Redes Energéticas Nacionais (REN), has entered into a 12-year financing agreement with the European Investment Bank (EIB) for EUR300 million. The aim of the agreement is to support...

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Indian NCLT approves merger of JMC projects with KPTL

The Indian quasi-judicial authority incorporated for dealing with corporate disputes, National Company Law Tribunal, has approved the merger of JMC Projects with Kalpataru Power Transmission Limited (KPTL). Both companies are...

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