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

/ 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

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

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