IndiGrid completes acquisition of East North Interconnection Company Limited
Date
March 30, 2020
Type
M&A Transactions
Subtype
Transaction completed
Countries
India
Subsectors
Ground Transmission
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India Grid Trust (IndiGrid) has acquired a transmission asset, East North Interconnection Company Limited (ENICL), from Sterlite Power at a value of US$134 million.
ENICL is a part of the Inter-State Transmission System network developed by Sterlite Power that includes two 400 KV transmission lines with a total of 900 circuit kilometers across Assam, Bihar and West Bengal.
