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Power Grid InvIT: Offering good and predictable yield

With secured cash flows, long-term nature of the assets, strong balance sheet, support of the parent and the highest credit rating, the Power Grid InvIT issue should reward its unit holders

April 29, 2021 / 11:17 IST
Power Grid Corporation of India and REC | Power Grid Corporation, pursuant to its selection as the successful bidder under Tariff based competitive bidding, acquired Ramgarh New Transmission (RNTL), the project SPV to establish Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under phase II - Part A, on build, own, operate and maintain (BOOM) basis from the bid process coordinator - REC Power Distribution Company.
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More