<ul><li>IndiGrid will acquire ReNew Solar Aayan, a 300 MW (AC) solar project, and Koppal Narendra Transmission for about Rs 2,108 crore.</li><li>The solar project is operational in Rajasthan and benefits from a long-term Power Purchase Agreement with Solar Energy Corporation of India.</li><li>Koppal Narendra Transmission is located in Karnataka and offers long-term augmentation potential for IndiGrid.</li><li>The acquisitions will be funded through a combination of equity, internal accruals, and debt, maintaining net debt/AUM at 62% post-acquisition.</li></ul>

IndiGrid To Acquire Transmission, Solar Assets For Rs 2,100 Crore

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