Category: Asia Pacific 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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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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Indian KEC acquires Swedish EPC company Linjemontage

Indian engineering, procurement and construction (EPC) company, Kalpataru Power Transmission Limited (KPTL), has completed the acquisition of 15 per cent stake in Sweden-based EPC company Linjemontage i Grastrop AB for USD11.5 million.

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RECPDCL transfers Rajgarh Transmission to GR Infraprojects India

Indian REC Power Development and Consultancy Limited (RECPDCL)—one of the bid process coordinators for the award of transmission projects via the competitive bidding mode, has handed over Rajgarh Transmission Limited (RTL) to engineering and construction firm GR Infraprojects Limited.

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