Koppal Narendra

Asia

Region

63.7

Commitment (MNOK)

Active

Status

Koppal-Narenda Transmission Ltd, is a special purpose vehicle, owned 51/49 by ReNew Power Group and KNI India AS, to develop, construct and operate a 127km transmission project located in Karnataka, India. The project will consist of a 5 x 500 MVA 400/220 kV sub-station at Koppal with 400 kV D/C quad moose transmission line from Koppal substation to Narendra New substation and 400 kV GIS Extn at Narendra New in Karnataka.

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Key information

Sector:
Renewable Energy
Commitment (MNOK):
63.7
Year:
2022
Region:
Asia
Country:
India
Domicile:
India
Instrument:
Equity and Loans
Status:
Active
Mandate:
Climate

Additionality Koppal Narendra

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 instruments
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental performance

Read more about the investment:

Norway’s Climate Investment Fund and KLP invest in Indian transmission sector