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KKR-backed India Grid Trust (IndiGrid) is planning to raise Rs 1,250 crore through debentures to refinance old debt and support acquisitions. Additionally, the company aims to raise up to Rs 1,500 crore in equity to lower the debt-to-assets ratio from 65% to 60% for better financial management. IndiGrid manages power transmission and generation assets as part of its investment portfolio.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st August 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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