KKR-backed IndiGrid acquires transmission asset from Sterlite for $134m

KKR-backed IndiGrid acquires transmission asset from Sterlite for $134m

Photo: Fré Sonneveld/unsplash

Private equity firm KKR-backed India Grid Trust (IndiGrid), on Tuesday announced the acquisition of a transmission asset, East North Interconnection Company Limited (ENICL), from Sterlite Power at a value of $134 million.