IRB InvIT Fund

NSE: IRBINVIT | BSE: 540526 | ISIN: INE183W23014 | Industry: REITs-InvITs
| Value Trap
51.4200 -0.55 (-1.06%)
NSE Mar 27, 2025 15:31 PM
Volume: 771.5K
 

51.42
-1.06%
Systematix Group
India Grid Trust, an infrastructure investment trust (InviT) established to own inter-state power transmission assets in India. IndiGrid was established on October 21, 2016 by its Sponsor, Sterlite Power Grid Ventures Limited, and is registered with SEBI pursuant to the InviT Regulations. Its Sponsor is one of the leading independent power transmission companies operating in the private sector, with extensive experience in bidding, designing, financing, constructing and maintaining power transmission projects across India. The Company is focused on providing stable and sustainable distributions to its Unit holders. It believes that it is well positioned to take advantage of the growth potential of India's power transmission industry given its financial position, support from its Sponsor and the robust regulatory framework for power transmission in India. The Company believes that infrastructure necessary to transmit and deliver electricity is vital to India's continued economic advancement given the inter-regional power deficit resulting from a mismatch between power generation and load centers and the demand-supply deficit which is expected to result from India's...
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