IndiGrid Infrastructure Trust

IndiGrid's Strategic Expansion: ₹328B Enterprise Value with Strong Renewable Focus ⚡📈

- Total Fair Enterprise Value: ₹328,075 million (Transmission & BESS: ₹255,015 million, Solar: ₹73,060 million).

- RKPTL acquisition: ₹14,699 million with expected annual revenue of ~₹1,952.32 million post-commissioning.

- BESS projects: Kilokari (20 MW/40 MWh operational), Gujarat (180 MW/360 MWh under development), Rajasthan (250 MW/500 MWh under development).

- Solar PPAs with tariffs ranging from ₹2.37 to ₹17.91 per unit across multiple states.

- Government targets 500 GW non-fossil fuel capacity by 2030; global renewable capacity forecast to reach 7,300 GW by 2028.

- BESS costs reduced to about ₹2.1/kWh for 2 cycles daily.

- Pre-tax cost of debt: 7.41%, slightly down from 7.44% in previous valuation.

- WACC ranges from 7.20% to 11.15% across SPVs.

- Expense projections include inflation adjustments of 3-5% annually.