Our portfolio spans 94 revenue-generating assets across 20 states and 2 union territories, forming a critical part of India’s energy infrastructure. It includes 55 transmission lines spanning approximately 9,698 ckms and 18 substations with around 32,550 MVA of transformation capacity, connecting power generation with demand across the country. Our renewable energy platform comprises approximately 1.5 GWp of solar capacity and 2.5 GWh of battery storage, supporting grid stability and India’s transition to a cleaner energy mix. Together, these assets provide the infrastructure needed to deliver reliable power while enabling India’s transition to a cleaner and more resilient energy system.
- Our Portfolio
- Transmission Lines
- Substations
- Renewable Projects
NTL
NTL was incorporated on July 29, 2013. NTL entered into a TSA on January 2, 2014. The NTL project was awarded by the Ministry of Power on May 23, 2014 for a 35-year.
- 945 ckms
- 6000 MVA
PrKTCL
PrKTCL was incorporated on September 2, 2002. PGCIL had incorporated PrKTCL as a special purpose vehicle to maintain the PrKTCL project on BOO basis.
- 458 ckms
PTCL
PTCL was incorporated on December 19, 2012. PTCL entered into a TSA on May 12, 2014. The PTCL project was awarded by the Ministry of Power to TEECL and TPGCL through a letter of intent dated September 8, 2013
- 1000 MVA
JKPTL
JKTPL was incorporated on May 19, 2010. JKTPL entered into a TSA on May 28, 2020. Based on the competitive bidding process conducted by HVPNL)
- 205 ckms
- 1660 kV
GPTL
GPTL was incorporated on October 26, 2015. GPTL entered into a TSA on March 4, 2016. The GPTL project was awarded by the Ministry of Power on March 17, 2016 for a 35-year.
- 275 ckms
- 3000 MVA
RTCL
RTCL was incorporated on December 20, 2012. RTCL entered into a TSA on July 24, 2013 and a TSA dated December 22, 2015 entered into by RTCL with PGCIL. The RTCL project was awarded by the Ministry of Power on September 17, 2013
- 405 ckms
BDTCL
BDTCL was incorporated on September 8, 2009. BDTCL entered into a transmission service agreement dated December 7, 2010.
- 945 ckms
- 6000 MVA
JTCL
JTCL was incorporated on September 8, 2009. JTCL entered into a TSA dated December 1, 2010 and a TSA dated November 12, 2013 with PGCIL. The JTCL project was awarded to IGL by the Ministry of Power on January 19, 2011
- 995 ckms
OGPTL
OGPTL was incorporated on April 17, 2015. OGPTL entered into a TSA on November 20, 2015. The OGPTL project was awarded by the Ministry of Power on January 6, 2016 for a 35-year
- 710 ckms
PKTCL
PKTCL was incorporated on December 15, 2012. PKTCL entered into a TSA on August 6, 2013. The PKTCL project was awarded by the Ministry of Power on September 17, 2013 for a 35-year.
- 545 ckms
ENITCL
ENICL was incorporated on February 1, 2007. ENICL entered into a TSA dated August 6, 2009 and a transmission services agreement dated January 28, 2013 with PGCIL.
- 895 ckms
NER-II
NER was incorporated on April 21, 2015. NER entered into a TSA on December 27, 2016. The NER project was awarded by the Ministry of Power on February 22, 2017 for a 35-year
- 832 ckms
- 630 MVA
MTL
MTL was incorporated on August 14, 2014. MTL entered into a TSA on June 10, 2015. The MTL project was awarded by the Ministry of Power on July 21, 2015 for a 35-year
- 475 ckms
RSTCPL
RSTCPL was incorporated on November 11, 2009. RSTCPL entered into a TSA on August 4, 2010 with LTTCs. The RSTCPL project was awarded to consortium of Patel Engineering Limited (PEL), Simplex Infrastructures Limited (SIL) and BS Limited (BSL) by the RECPDCL on December 16, 2010 for a 35-year period.
- 208 ckms
KhTL
KhTL was incorporated on 28 th November 2015 to strengthen the Transmission System in Western Region associated with Khargone Thermal Power Plant of 1,320 MW (2×660MW) at Khargone in the state of Madhya Pradesh.
- 626 ckms
- 3,000 MVA
NTL
NTL was incorporated on July 29, 2013. NTL entered into a TSA on January 2, 2014. The NTL project was awarded by the Ministry of Power on May 23, 2014 for a 35-year.
- 945 ckms
- 6000 MVA
PrKTCL
PrKTCL was incorporated on September 2, 2002. PGCIL had incorporated PrKTCL as a special purpose vehicle to maintain the PrKTCL project on BOO basis.
- 458 ckms
PTCL
PTCL was incorporated on December 19, 2012. PTCL entered into a TSA on May 12, 2014. The PTCL project was awarded by the Ministry of Power to TEECL and TPGCL through a letter of intent dated September 8, 2013
- 1000 MVA
JKPTL
JKTPL was incorporated on May 19, 2010. JKTPL entered into a TSA on May 28, 2020. Based on the competitive bidding process conducted by HVPNL)
- 205 ckms
- 1660 kV
GPTL
GPTL was incorporated on October 26, 2015. GPTL entered into a TSA on March 4, 2016. The GPTL project was awarded by the Ministry of Power on March 17, 2016 for a 35-year.
- 275 ckms
- 3000 MVA
RTCL
RTCL was incorporated on December 20, 2012. RTCL entered into a TSA on July 24, 2013 and a TSA dated December 22, 2015 entered into by RTCL with PGCIL. The RTCL project was awarded by the Ministry of Power on September 17, 2013
- 405 ckms
BDTCL
BDTCL was incorporated on September 8, 2009. BDTCL entered into a transmission service agreement dated December 7, 2010.
- 945 ckms
- 6000 MVA
JTCL
JTCL was incorporated on September 8, 2009. JTCL entered into a TSA dated December 1, 2010 and a TSA dated November 12, 2013 with PGCIL. The JTCL project was awarded to IGL by the Ministry of Power on January 19, 2011
- 995 ckms
OGPTL
OGPTL was incorporated on April 17, 2015. OGPTL entered into a TSA on November 20, 2015. The OGPTL project was awarded by the Ministry of Power on January 6, 2016 for a 35-year
- 710 ckms
PKTCL
PKTCL was incorporated on December 15, 2012. PKTCL entered into a TSA on August 6, 2013. The PKTCL project was awarded by the Ministry of Power on September 17, 2013 for a 35-year.
- 545 ckms
ENITCL
ENICL was incorporated on February 1, 2007. ENICL entered into a TSA dated August 6, 2009 and a transmission services agreement dated January 28, 2013 with PGCIL.
- 895 ckms
NER-II
NER was incorporated on April 21, 2015. NER entered into a TSA on December 27, 2016. The NER project was awarded by the Ministry of Power on February 22, 2017 for a 35-year
- 832 ckms
- 630 MVA
MTL
MTL was incorporated on August 14, 2014. MTL entered into a TSA on June 10, 2015. The MTL project was awarded by the Ministry of Power on July 21, 2015 for a 35-year
- 475 ckms
FRV
FRV is an operational 100 MW solar asset located in high radiation zone in the 400 MW Ananthapuram Solar Park in Andhra Pradesh with a contractual period of 25 years at a fixed tariff.
- 100 MW(AC)
RSTCPL
RSTCPL was incorporated on November 11, 2009. RSTCPL entered into a TSA on August 4, 2010 with LTTCs. The RSTCPL project was awarded to consortium of Patel Engineering Limited (PEL), Simplex Infrastructures Limited (SIL) and BS Limited (BSL) by the RECPDCL on December 16, 2010 for a 35-year period.
- 208 ckms
KhTL
KhTL was incorporated on November 28, 2015. It entered into a TSA on March 14, 2016. The KhTL project was awarded by the Ministry of Power under the ‘tariff based competitive bidding’ (TBCB) mechanism for a 35-year.
- 626 ckms
- 3,000 MVA
NTL
NTL was incorporated on July 29, 2013. NTL entered into a TSA on January 2, 2014. The NTL project was awarded by the Ministry of Power on May 23, 2014 for a 35-year.
- 945 ckms
- 6000 MVA
PrKTCL
PrKTCL was incorporated on September 2, 2002. PGCIL had incorporated PrKTCL as a special purpose vehicle to maintain the PrKTCL project on BOO basis.
- 458 ckms
PTCL
PTCL was incorporated on December 19, 2012. PTCL entered into a TSA on May 12, 2014. The PTCL project was awarded by the Ministry of Power to TEECL and TPGCL through a letter of intent dated September 8, 2013
- 1000 MVA
JKPTL
JKTPL was incorporated on May 19, 2010. JKTPL entered into a TSA on May 28, 2020. Based on the competitive bidding process conducted by HVPNL)
- 205 ckms
- 1660 kV
GPTL
GPTL was incorporated on October 26, 2015. GPTL entered into a TSA on March 4, 2016. The GPTL project was awarded by the Ministry of Power on March 17, 2016 for a 35-year.
- 275 ckms
- 3000 MVA
RTCL
RTCL was incorporated on December 20, 2012. RTCL entered into a TSA on July 24, 2013 and a TSA dated December 22, 2015 entered into by RTCL with PGCIL. The RTCL project was awarded by the Ministry of Power on September 17, 2013
- 405 ckms
BDTCL
BDTCL was incorporated on September 8, 2009. BDTCL entered into a transmission service agreement dated December 7, 2010.
- 945 ckms
- 6000 MVA
JTCL
JTCL was incorporated on September 8, 2009. JTCL entered into a TSA dated December 1, 2010 and a TSA dated November 12, 2013 with PGCIL. The JTCL project was awarded to IGL by the Ministry of Power on January 19, 2011
- 995 ckms
OGPTL
OGPTL was incorporated on April 17, 2015. OGPTL entered into a TSA on November 20, 2015. The OGPTL project was awarded by the Ministry of Power on January 6, 2016 for a 35-year
- 710 ckms
PKTCL
PKTCL was incorporated on December 15, 2012. PKTCL entered into a TSA on August 6, 2013. The PKTCL project was awarded by the Ministry of Power on September 17, 2013 for a 35-year.
- 545 ckms
ENITCL
ENICL was incorporated on February 1, 2007. ENICL entered into a TSA dated August 6, 2009 and a transmission services agreement dated January 28, 2013 with PGCIL.
- 895 ckms
NER-II
NER was incorporated on April 21, 2015. NER entered into a TSA on December 27, 2016. The NER project was awarded by the Ministry of Power on February 22, 2017 for a 35-year
- 832 ckms
- 630 MVA
MTL
MTL was incorporated on August 14, 2014. MTL entered into a TSA on June 10, 2015. The MTL project was awarded by the Ministry of Power on July 21, 2015 for a 35-year
- 475 ckms
FRV
FRV is an operational 100 MW solar asset located in high radiation zone in the 400 MW Ananthapuram Solar Park in Andhra Pradesh with a contractual period of 25 years at a fixed tariff.
- 100 MW(AC)
KhTL
KhTL was incorporated on 28 th November 2015 to strengthen the Transmission System in Western Region associated with Khargone Thermal Power Plant of 1,320 MW (2×660MW) at Khargone in the state of Madhya Pradesh.
- 626 ckms
- 3,000 MVA
PORTFOLIO OVERVIEW
IndiGrid owns and operates a diversified portfolio of critical energy infrastructure spanning transmission, renewable generation and battery energy storage. With a presence across 20 states and 2 union territories, our portfolio is built to support the evolving needs of India’s power system, from enabling the reliable movement of electricity to integrating renewable energy and providing flexibility to the grid.
Our portfolio comprises 50 power projects with 41 operational assets spanning across transmission, solar generation and battery energy storage. Together, these assets form one of India’s most geographically diversified energy infrastructure platforms, with assets under management of approximately ₹33,815 crore.
The portfolio spans 55 high and extra-high-voltage transmission lines covering ~9,698 ckm, 18 substations with ~32,550 MVA of transformation capacity, ~1.5 GWp of solar generation and 2.5 GWh of battery energy storage. Across 94 revenue-generating elements, our operational assets have maintained average availability of ~99.5%, consistently exceeding the normative threshold for transmission tariffs.
Our cash flows are underpinned by long-term, fixed-tariff contracts, primarily with central and state counterparties, providing predictable revenues with no volume or merchant price risk. With a portfolio built around essential infrastructure, operational excellence and long-term partnerships, IndiGrid is positioned to play a defining role in India's evolving energy landscape.
AVAILABILITY
| Asset Name | Asset Acquisition Month | Financial Year – Transmission Asset Availability | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (As approved by RPC) | ||||||||||
| FY 17-18 | FY 18-19 | FY 19-20 | FY 20-21 | FY 21-22 | FY 22-23 | FY 23-24 | FY 24-25 | FY 25-26 | ||
| BDTCL | June-17 | 99.88% | 99.89% | 99.42%* | 99.01% | 99.80% | 99.84% | 99.77% | 99.74% | 99.84% |
| JTCL | June-17 | 99.73% | 99.77% | 98.69%* | 99.61% | 99.70% | 99.86% | 99.93% | 99.51% | 99.77% |
| RTCL | Feb-18 | 99.54% | 99.81% | 99.88% | 99.65% | 99.80% | 99.74% | 99.89% | 99.89% | 99.97% |
| PKTCL | Feb-18 | 99.98% | 99.88% | 99.89% | 99.85% | 99.80% | 99.89% | 99.86% | 99.87% | 99.90% |
| NRSS-XXIX (NTL) | June-19 | Under Construction | Under Construction | 99.53%* | 99.46% | 97.50%# | 99.85% | 99.91% | 99.91% | 99.62% |
| MTL | Feb-18 | 100% | 99.95% | 99.84% | 99.73% | 99.90% | 99.88% | 99.94% | 99.82% | 99.99% |
| OGPTL | June-19 | Under Construction | Under Construction | 99.91% | 99.56% | 99.90% | 99.88% | 99.82% | 99.28% | 99.78% |
| PTCL | Aug-18 | Before acquisition | 99.85% | 100.00% | 99.85% | 99.80% | 99.72% | 99.78% | 99.93% | 99.94% |
| ENICL | Mar-20 | Before acquisition | Before acquisition | 100.00% | 99.82% | 99.66% | 99.76% | 99.79% | 99.80% | 99.61% |
| GPTL | Sep-20 | Before acquisition | Before acquisition | Before acquisition | 98.94% | 99.90% | 99.92% | 99.92% | 99.84% | 98.25% |
| JKTPL | Sep-20 | Before acquisition | Before acquisition | Before acquisition | 99.64% | 99.90% | 98.97% | 99.36% | 89.47% | 93.42% |
| PrKTCL | Jan-21 | Before acquisition | Before acquisition | Before acquisition | 99.93% | 99.70% | 99.86% | 99.90% | 99.91% | 100.00% |
| NER-II | Mar-21 | Before acquisition | Before acquisition | Before acquisition | Before acquisition | 98.90% | 99.84% | 98.95%* | 99.86% | 99.84% |
| RSTCPL | Nov-22 | Before acquisition | Before acquisition | Before acquisition | Before acquisition | 98.50% | 99.43% | 99.81% | 99.80% | 97.67% |
| KhTL | Mar-23 | Before acquisition | Before acquisition | Before acquisition | Before acquisition | Before acquisition | 99.64% | 99.85% | 99.82% | 99.85% |
| Kallam | - | Before acquisition | Before acquisition | Before acquisition | Before acquisition | 98.50% | 99.43% | 99.81% | 99.33% | 99.87% |
| KNTL | - | Before acquisition | Before acquisition | Before acquisition | Before acquisition | Before acquisition | Before acquisition | Before acquisition | Before acquisition | 99.66% |
# NRSS-XXIX availability impacted in Q4 due to forced outage undertaken preemptively to avoid tower collapse due to landslide. Its under process for deemed availability certification)
| Asset Name | Asset Acquisition Month | Financial Year – Solar Asset Availability | |||||
|---|---|---|---|---|---|---|---|
| (As approved by RPC) | |||||||
| FY 21-22 | FY 22-23 | FY 23-24 | FY 24-25 | FY 25-26 | |||
| IGSL-I & II | - | 99.75% | 99.75% | 99.74% | 99.62% | 99.89% | |
| TNSEPL | - | 99.64% | 99.49% | 99.89% | 99.52% | 99.64% | |
| UMD | - | 99.57% | 99.37% | 99.62% | 98.83% | 99.67% | |
| TKSPL – I | - | 99.77% | 99.74% | 99.84% | 99.75% | 99.86% | |
| TKSPL – II | - | 97.49% | 93.85% | 99.54% | 99.56% | 99.67% | |
| TRSPL | - | 99.28% | 99.48% | 99.80% | 99.95% | 99.46% | |
| Solar Edge | - | 99.49% | 99.44% | 99.50% | 95.81% | 91.02% | |
| TSEC (Charanka) | - | 96.90% | 97.52% | 98.11% | 85.50% | 94.15% | |
| PLG | - | 97.78% | 97.52% | 99.33% | 93.70% | 79.71% | |
| TSETPL (Tinwari) | - | 99.94% | 98.93% | 99.84% | 99.83% | 99.47% | |
| USUPL – I | - | 99.86% | 99.74% | 99.64% | 99.79% | 99.07% | |
| USUPL – II | - | 96.99% | 97.66% | 99.78% | 99.48% | 97.74% | |
| Globus | - | 98.75% | 99.78% | 99.77% | 99.34% | 99.85% | |
| TL Patlasi | - | 99.87% | 99.83% | 99.16% | 99.53% | 99.76% | |
| TL Nangla | - | 97.79% | 99.77% | 99.90% | 99.97% | 99.97% | |
| TL Gadna | - | 97.55% | 96.34% | 98.73% | 96.32% | 99.09% | |
| GGEPL | - | 92.98% | 97.55% | 95.82% | 95.69% | 67.18% | |
| JUPL | - | — | — | — | 99.50% | 99.85% | |
| RSAPL | - | — | — | — | - | 99.69% | |






