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IndiGrid to Acquire Solar and Transmission Assets from ReNew for ₹21 Billion 

The solar asset is a 300 MW project in Rajasthan, and the transmission company is in Karnataka  

June 9, 2025

/ Tina Freese
/ Finance and M&A, Renewable Energy, Solar
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Power transmission and renewable energy company IndiGrid has announced that it will acquire ReNew Surya Aayan and Koppal–Narendra Transmission for a total enterprise value of ₹21.08 billion (~$246 million). 

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Tina Freese

More articles from Tina Freese.
AcquisitionIndiGridReNew SolarSolar ProjectTransmission
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