IndiGrid Infrastructure Trust completed the acquisition of Gujarat BESS Private Limited at an enterprise value of ₹573 crore from British International Investment PLC and Norfund. The project operates under a Build Own Operate model with over ₹97 crore annual revenue and a 12-year tenure. Executed under SEBI InvIT regulations, the deal strengthens IndiGrid’s energy storage portfolio and ensures stable long-term revenue generation.
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