POWERGRID Infrastructure Investment Trust (“PGInvIT”/ “Trust”) was settled by Power Grid Corporation of India Limited as an irrevocable trust set up pursuant to the Trust Deed, under the provisions of the Indian Trusts Act, 1882. The Trust was registered with Securities and Exchange Board of India (“SEBI”) on January 7, 2021 as an infrastructure investment trust under Regulation 3(1) of the InvIT Regulations having registration number IN/InvIT/20-21/0016. IDBI Trusteeship Services Limited is the Trustee.
Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSE under Ministry of Power, Govt. of India is the Sponsor of PGInvIT. The Sponsor’s equity shares are listed on the NSE and the BSE.
POWERGRID Unchahar Transmission Limited has been appointed as the Investment Manager to the Trust while Power Grid Corporation of India Limited has been appointed as the Project Manager in respect of the Trust
Its current value is 120 to 125 which is 25% on up side. The India Power Market is expected to reach 492.86 gigawatts in 2024 and grow at a CAGR of 8.80% to reach 752.90 gigawatts by 2029
One can buy with view of 6months for 25 % return
Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSE under Ministry of Power, Govt. of India is the Sponsor of PGInvIT. The Sponsor’s equity shares are listed on the NSE and the BSE.
POWERGRID Unchahar Transmission Limited has been appointed as the Investment Manager to the Trust while Power Grid Corporation of India Limited has been appointed as the Project Manager in respect of the Trust
Its current value is 120 to 125 which is 25% on up side. The India Power Market is expected to reach 492.86 gigawatts in 2024 and grow at a CAGR of 8.80% to reach 752.90 gigawatts by 2029
One can buy with view of 6months for 25 % return