POWERGRID INVESTMENT TRUST Rs 90
Powergrid Investment Trust (PGI) is a listed investment trust sponsored by the PSU Powergrid Ltd. PGI holds 100% stake in one SPV and 74% stake in four other SPV’s. These SPV’s together operate eleven transmission lines with network capacity of approximately 3699 circuit kilometres and three substations with 6630 MVA transformation capacity. The average remaining life of transmission service agreements is more than 28 years as on date.
