Gadag Transmission

Asia

Region

201.6

Commitment (MNOK)

Active

Status

Gadag Transmission Ltd, is a special purpose vehicle, owned 51/49 by ReNew Power Group and KNI India AS, to develop, construct and operate 144km of transmission, providing capacity to evacuate ca 2.5 GW of renewables to the grid, located in Karnataka, India.

Key information

Sector:: Renewable Energy
Commitment (MNOK):: 201.6
Year:: 2023
Region:: Asia
Country:: India
Domicile:: India
Instrument:: Equity
Status:: Active
Mandate:: Climate

Additionality Gadag Transmission

This investment is particularly additional on the following ambitions:

investing in the poorest countries
investing in the most capital constrained markets
investing in sectors with high development needs
investing in high risk markets
Investing in high risk instruments
targeting underserved segments
mobilising private investors
taking an active role in investments