Category: Asia Pacific Deal Watch

POWERGRID acquires two SPVs from PFCCL in India

India’s largest grid network developer, Power Grid Corporation of India Limited (POWERGRID), has acquired two special purpose vehicles (SPV), Bhadla III Transmission Limited and Ananthpuram Kurnool Transmission Limited, from the...

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France extends EUR180 million to Pakistan’s NTDC

French Agence Française de Développement (AFD) has provided a EUR180 million loan to Pakistan for financing National Transmission and Despatch Company’s (NTDC) transmission line and grid station projects located in Vehari,...

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Indonesia’s PT PLN to get IDR10.7 trillion funding

Indonesia’s state-owned PT Perusahaan Listrik Negara (PT PLN) has signed a Memorandum of Understanding (MOU) with German development bank Kreditanstalt für Wiederaufbau (KfW) to expedite the energy transition in Indonesia. This...

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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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