Indigrid Infrastructure Trust has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
IndiGrid Infrastructure Trust has submitted its Annual Full Valuation Report for the financial year ending 31st March 2025, as required by SEBI's InvIT Regulations. Independent valuer Manish Gadia has assessed the fair enterprise value of all 41 project SPVs at INR 2,95,563 million (approx. ₹29,556 crore), broken down into transmission assets at ₹23,537 crore, solar assets at ₹5,936 crore, and battery storage assets at ₹84 crore. The trust's portfolio spans over 9,000 circuit km of transmission lines, 1,096 MW of solar capacity, and 450 MW/900 MWh of battery storage capacity. Key changes during the year include transformer and reactor failures at JKTPL and GPTL (causing partial revenue losses, with insurance claims filed), a generator fault at GGEL solar plant, and the acquisition of RKPTL (a new hydro-power evacuation transmission project) along with the award of a 250 MW/500 MWh BESS project in Rajasthan.
This is a routine annual regulatory disclosure that gives unitholders a snapshot of the underlying asset values. The valuation shows steady portfolio scale across transmission, solar, and battery storage segments, but some assets are carrying recent operational setbacks (JKTPL, GPTL, GGEL) that have already been factored into lower projections. Investors should watch for any NAV per unit implications and the recovery timeline for the affected assets by mid-2025.