Gadag Transmission

Asia

Region

192.9

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.

detail_image

Key information

Sector:
Renewable Energy
Commitment (MNOK):
192.9
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