Monday 31 August 2020

Ace actor Vaishnavi Macdonald reveals she is a certified nutritionist; shares some healthy tips this National Nutrition week

Mumbai, 1 September 2020: We have always heard that a well-balanced diet, with a combination of all essential nutrients plays a pivotal role in the overall development of our body, but how many of us take it seriously and follow it?  To create further awareness about the importance of having nutritious meals which not only takes care of physical attributes but also mental strength, India annually observes National Nutrition week from 1st to 7th September. It is said, you are what you eat, inspired by this saying ace actor Vaishnavi MacDonald revealed that she is a certified nutritionist and shares her journey in the world of healthy eating.

Actors are known for being conscious about their appearance and often consult a dietitian. Understanding that physical and mental wellbeing is one of the key criteria for their success, Vaishnavi MacDonald who is currently essaying the role of Surajmukhi in Dangal’s Aye Mere Humsafar deep dived to be a nutritionist herself. Talking about her experience as a nutritionist, she says, “A lot of people don’t know that I am a certified nutritionist. I was always interested in nutrition and health because I feel it is important and the current scenario is a testimony of it. When I got an opportunity, I did an extensive course and now I can even practice and open a clinic. Even though I haven't opened one yet, I try to practice it with my close friends and family. It is always good to learn a new skill as it helps to keep your mind young. I feel it is necessary to follow a healthy diet not only for the physical benefits but mental positivity too.”

Sharing her expertise about how to follow a balanced diet she says, “I generally follow and suggest to have maximum carbs in the afternoon which consists of brown rice, chapati, along with a bowl of curd, raita, salad, sprouts, etc. As your munchies you can have roasted chana with tadka of ghee, puff rice, khakra, makhana all this proves to be healthy as well as tasty. Eat nuts, green leafy vegetables and vegetables of all colors because each color of vegetable corresponds to a certain part of your body. Dairy products that include curd, buttermilk are very good for your stomach as it helps to keep good bacteria in your stomach intact. Even including little ghee, coconut oil or olive oil can be good for health. Sometimes if one tends to overeat a little it won't harm your body unlike when one overeats oily and junk food. If we stick to all these things, we have nothing to worry about.” 

Catch her share her experience in the below links:

According to Vaishnavi Macdonald, having a spiritual outlook towards life is important. It is necessary for your mind and soul to be healthy for your body to prosper. Your thought process, your imagination and positive outlook towards life matters a lot along with nutrition. Nutrition is not about what goes into your mouth but also about what comes within you.

Let’s follow the ‘health is wealth’ mantra and pledge to eat healthy and stay immune. 

Catch Vaishnavi MacDonald in her new avatar of Surajmukhi in Aye Mere Humsafar. Aye Mere Humsafar portrays the life of an ambitious girl and a laid-back boy and how their lives get entangled after a misunderstanding which leads to a mix up in their marriage.

Watch Aye Mere Humsafar, Monday to Friday at 7pm only on Dangal.

Dangal TV is available in all leading cable networks and DTH platforms – DD Free Dish (CHN NO 27), Tata Sky(CHN NO 177), Airtel (CHN NO 133), Dish TV (CHN NO 119) and Videocon D2H (CHN NO 106).

History TV18 launches a one-of-a-kind digital exclusive travel series, ‘#RoadTrippinWithRnM’ starting 1st September 2020

Follow the original ‘highway men’ Rocky and Mayur, as they reclaim the open roads post lockdown,
on an exciting two-week trip through Rajasthan

India, September 01, 2020As we navigate through the "new normal" in 2020, the world is opening up, slowly but surely. The joy of driving holidays is making a comeback! But after months of localised lockdowns and extensive contact tracing in the wake of the global pandemic, travelling in or among crowds is a no-go. The silver lining, though, is that road-trips of years past are back in favour. With its finger on the pulse of the Indian viewer and in tune with the sentiment of the times, History TV18 premieres a unique, digital-exclusive travel vlogging series. On '#RoadTrippinWithRnM', Rocky and Mayur get behind the wheel for a 14-day road-trip across Rajasthan, bringing followers exciting experiences and memorable moments in real-time, on History TV18‘s and their own, social media accounts. 

Rocky Singh and Mayur Sharma, Indian television's acclaimed travellers and foodies, are known as much for touring far and wide in search of great food experiences, as for their humour. Quirky, jovial, energetic with a never-say-die attitude, they are masters of the impromptu! Childhood friends and collaborators, the duo's exceptional camaraderie is all set to light up screens once more, on personal devices. The terrific-two think on their feet and are adept at handling whatever the highway throws at them. That's a quality which will be put to the test, as they travel in these times. With no fixed to-do list, '#RoadTrippinWithRnM' celebrates wanderlust and stays true to the idea that the journey is indeed the destination. Rocky and Mayur could just as quickly pitch a tent in a great spot, as they could settle into a sanitised hotel for the night. Over two weeks, viewers, followers and fans shall become part of their travels and experiences, every day. Speaking about this made-for-the-times series, Rocky says, “The Great Indian Road trip is the future of travel in India. And we are doing just THAT! I’m super stoked also, about getting out after 6 months. Viewers can count on us taking them along on a fun journey. We’ll be sharing regular updates and also answering questions, Live. So stay tuned!"

Mayur, his partner-in-crime, adds "we've been looking forward to hitting the road again and I’m thrilled that our viewers and fans will be able to join us virtually, all through the trip. This is a first-of-its-kind show in a post-COVID world and it stands for hope, bringing life back on track and carrying on. It's going to be another mad, wonderful, joyous journey. Coming?

The first leg of the road trip takes the travellers from Delhi to the pink city, Jaipur via Neemrana. Rocky and Mayur then continue through the desert state, with stopovers in Mount AbuAjmerUdaipur and locations off-the-beaten-track. Along with the culture, cuisine and colour characteristic of Rajasthan, the road trip also has a wild side. It will take them through the rocky landscape of Jawai, teeming with leopards! Other 'wild' destinations to look forward to include the Tiger habitat in Ranthambore, and bird watcher's paradise, Bharatpur.

Each day of this exciting road trip, Rocky and Mayur will post daily vlogs, great pictures and engaging Live Q&A sessions in real-time on social media, sharing their adventures. These posts will be available on History TV18 and Rocky and Mayur‘s handles on Facebook, Instagram, Twitter and YouTube. Viewers can follow the duo and be part of the day's plan, route and everything along the way - pitstops, meals, local sights, people, learnings, travel tips and night halts.

Avinash Kaul, Managing Director, A+E Networks | TV18 and CEO-Broadcast for Network18, commented, "#RoadTrippinWithRnM’ reaffirms HistoryTV18's commitment to relevant and compelling content, across platforms, for our audience. As the world begins to open up again, I'm confident that this series will become a benchmark and new paradigm for travel shows in the new normal."

Follow '#RoadTrippinWithRnM' on FacebookTwitterInstagram and YouTube.

Link for Promo:

संतोषीमांकेअंशकेरूपमेंरतनराजपूत. Rajput makes a comeback in &TV’s Santoshi Maa SunayeVratKathayein as Santoshi Maa’sansh

The viewers of&TV’s Santoshi Maa SunayeVratKathayeinwill witness a high voltage drama with the entry of Ratan Rajput as Santoshi as Santoshi Maa’s (Gracy Singh) ansh. With the circumstances taking a dramatic turn, Santoshi (Ratan Rajput), will come down to earth to help Swati (Tanvi Dogra) to get justice and punish those responsible for her situation. She will have two forms, which is of a Devi and that of a Human. The current storyline has the marriage preparations of Indresh (Ashish Kadian) and Dr Nidhi (Dharti Bhatt) going on in full swing. Devi Paulomi (Sara Khan) through her evil measures have managed to bring Indresh and Dr Nidhi close and in matrimony. However, Swati is determined to fight it out and has faith in Santoshi Maa to help and support her through this situation.  

On her role as ‘Santoshi’, Ratan Rajput shares, “It is a homecoming of sorts for me after a two-year gap. I am excited and happy to return to television once again and that too with &TV’s Santoshi Maa SunayeVratKatheyein. I am here because of my audience and fans; it is their love and affection that has brought me back to the show. I am looking forward to the continued support and affection of my audience. It will be interesting to see wrath unleash as Maa gets angry on seeing injustice done with her param bhakt Swati and hence Santoshi is formed out of her Ansh. Stay tuned to watch the entry of Santoshi in the forthcoming episodes.”

Watch Santoshi (Ratan Rajput) making entry very soon in Santoshi Maa SunayeVratKathayein at 9:00 pm, every Monday-Friday only on &TV!

SOTC & Thomas Cook India tap into the demand for offbeat/unique experiences Launch India’s Hidden Gems

A unique voyage of discovery - with exceptional locales & experiences across India

Mumbai, September 1, 2020: The pent-up travel demand due to the lockdown has resulted in a new-found interest in Destination India. Consumers are moving away from crowds/traditional tourist spots while seeking to discover India’s untold stories and traveller secrets. And to tap into this demand for non-standard/unique journeys, Thomas Cook India, India’s leading integrated travel services company and its Group Company, SOTC Travel, have introduced India’s Hidden Gems. Starting at an attractive price of Rs. 11 500.00*, the holidays include accommodation for 2 nights/3 days at 4-5 star hotels or delightful boutique properties, breakfast and an additional dining experience, unique sightseeing, private transport and travel insurance.

Bringing to life nuggets of India’s fascinating history-heritage, spectacular scenic beauty and unparalleled travel experiences, Thomas Cook India and SOTC’s Hidden Gems incorporates a handpicked selection of Exquisite Localesfrom Khajuraho, Rishikesh, Udaipur, Munnar, Jawai Sagar, Manali, Coorg, Kollam, Thekkady, Pachmarhi, Kabini, Bandhavgarh, Lalsot and Goa, amongst others.

Exceptional Experiences: An array of exciting traveller secrets have been woven into each journey, including a jeep safari amidst the lush plantations of Kolukkumalai, Munnar - the highest tea estate in the Western Ghats, a royal 4-course dining experience set against an evening bonfire at the luxurious Amritara Pali Jawai Sagar, picturesque coffee & spice plantation tours in Coorg aboard a specially designed jeep, an exclusive, private, night drive and star gazing experience in a gypsy at Pachmarhi, a unique bush-dining experience in Bandhavgarh, a vintage car drive around Udaipur’s picturesque lake, mangrove walks in the Sundarbans biosphere or the heady adrenalin rush of bungee jumping in Rishikesh, etc.

Mr. Daniel D’souza, President and Country Head, Leisure, SOTC Travel said, “The choice of destination and the experiences offered inspires travel decisions across all age groups, especially among millennials. From exploring the local cuisine, to finding offbeat experiences at every destination, Indian travellers wish to explore the unknown. Given the current situation and in order to satisfy their desire for immersive experiences, SOTC has designed unique domestic experiences that highlight this trend of experiential travel. These include incorporating workshops, wellness experiences, culturally immersive activities, food and drink experiences, outdoor activities and more.”

He added, “As health and safety is a key concern, all our holidays come with ‘Assured’ - a comprehensive program to safe travel in the COVID-19 era in partnership with Apollo Clinics. To further assist our customers, we have launched India’s first Safe Holiday Helpline, a free service to the public - offering expert guidance & assistance for safe holiday planning, visa assistance, country specific updates, on-ground health and safety measures, travel documentation, health certification, etc. and have also tied up with ICMR accredited labs to offer seamless end-to-end COVID-negative certification services with contactless facilitation – across India.”

For details on SOTC’s Hidden Gems Holidays click here

Mr. Rajeev Kale, President & Country Head – Holidays, MICE, Visa, Thomas Cook (India) Ltd. said, “Together with significant pent up travel demand, the lockdown has seen growing interest from Indians wanting to re-discover their own country, yet seeking non-standard experiences. And so, our teams have conceptualised Hidden Gems - holidays that offer unparalleled experiences at exquisite locations across India - at attractive prices starting at just Rs. 11 500.00*. Catering to a range of segments from families, couples, solo travellers to adventure seekers and wildlife enthusiasts, our Hidden Gems offers a well-deserved break, coupled with exceptional experiences that rejuvenate: be it bush-dining in Bandhavgarh, mangrove walks amidst the stark beauty of the Sundarbans or the thrill of bungee jumping in Rishikesh, etc.”

He added, “Our Assured Program in partnership with Apollo Clinics ensures meticulous health & safety protocols across every touch-point and to further assist our customers, we have tied up with ICMR accredited labs to offer seamless end-to-end COVID-negative certification services with contactless facilitation – across India. Our Safe Holiday Helpline is yet another meaningful consumer initiative - a free service to support customers in safe holiday planningWith our zero cancellation, flexible rescheduling and our guaranteed refund promise, we want to ensure that all our customers travel smooth.”

For details on Thomas Cook India’s Hidden Gems Holidays click here

*Per person on twin sharing basis

*Terms and conditions apply

About SOTC Travel

SOTC Travel Limited (Formerly SOTC Travel Pvt. Ltd.) is a step-down subsidiary of Fairfax Financial Holdings Group; held through its Indian listed subsidiary, Thomas Cook (India) Limited (TCIL). SOTC India is a leading travel and tourism company active across various travel segments including Leisure Travel, Incentive Travel and Business Travel and Foreign Exchange.

SOTC was established in 1949. Since then, it has escorted lakhs of travellers across the globe for more than 70 years to various destinations around the world. A new age innovative holidaymaker, SOTC strives to make holidays a priority for every Indian. ‘We are for holidays’ and we want Indians to prioritize their holidays

Whistling Woods International pays tribute to Dadasaheb Phalke to commemorate his 150th birth anniversary

August 31, 2020, Mumbai: Whistling Woods International (WWI) has been synonymous with being a pioneer in film, communication and creative arts education in India. As Asia’ premier institute it takes pride in paying tribute to a visionary pioneer, who not only made India’s first full-length feature film but paved a path of dreams and aspiration for generations to follow – Late Shri. Dhundiraj Govind Phalke, popularly known as Dadasaheb Phalke.

The short, insightful video created by the students and faculty of WWI pays tribute to Dadasaheb Phalke and his legacy on his 150th birth anniversary. He directed and produced the nation’ first full-length feature film, Raja Harishchandra in 1913, leading him to be known as the ‘Father of Indian Cinema’. Being an alumnus of Sir J. J. School of Art, Mumbai, and Maharaja Sayajirao University of Baroda, he made 95 feature-length films and 27 short films. Through the course of his career, he took a brief retirement during which he wrote a 7-act play that was staged over 2 days owing to its length. In 2009, the Marathi film, Harishchandrachi Factory, based on Dadasaheb Phalke’ life and struggle to make India’ first film was submitted for Oscars under the Foreign Language Film category.

Appreciating the tribute paid by the students and faculty of WWI, Chandrashekhar Pusalkar, maternal grandson of Dadasaheb Phalke said, “In 1927, during an interview my grandfather, Dada, had expressed a wish that there should be an institute, which imparts education and training in cinema. Today, Whistling Woods International is fulfilling his dream by training thousands of students in the field of film and creative arts. It feels great and I’m immensely happy to see the students and faculty of Whistling Woods International observing the 150th  birth anniversary of the Father of Indian Cinema and paying a grand tribute to him through this video.”

“It’s a great honour and privilege for us, as an institute, to pay tribute to Dadasaheb Phalke, the Father of Indian Cinema, one of the most respected personalities of Indian film industry. The video-tribute briefly chronicles his journey and I’m proud of our faculty and students who took the initiative to create this video”, said Meghna Ghai Puri, Whistling Woods International.

While the video-tribute has been directed and designed by Jasbinder Singh, Faculty, WWI School of Animation & Game Design along with the support of the students, it has been narrated by Anjum Rajabali, renowned screenwriter and HOD-Screenwriting Dept., WWI School of Filmmaking.

Please find herewith the link to the video of the same  >>

Today's Insurance Alertss - 702

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Insurance company says hotel not hospital, denies Ahmedabad doctor Covid mediclaim  
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Hospital, National Insurance Company Ltd and M D India Healthcare Services Pvt Ltd asked to pay Rs 35,000 compensation to man  
Rate contract succour for insurance patients  
Most cabbies lack health insurance 
Weekly market review by Hemant Kanawala Head - Equity, Kotak Mahindra Life Insurance Co. Ltd.
मैक्स बूपा ने दी ग्राहकों को राहत, कैशलेस फैसिलिटी में आई दिक्कत तो दे रही है इंस्टेंट रीइंबर्समेंट की सुविधा
Over 15 lakh people covered under specialised Covid-19 policies: Irdai chief
IRDAI to permit video-based KYC system for insurance companies
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Ijaazat - Zinda Ho Tum

A Beautiful Love Journey - Love Album || Love Book || Handmade Album

Prachi Tehlan sends out good wishes to the team of ‘Lockdown Ki Love Story’

Star Plus gears up to launch a new show ‘Lockdown Ki Love Story’ featuring Mohit Malik (Dhruv) and Sana Sayyad (Sonam) in lead roles and popular actress and talented basketball player Prachi Tehlan sends out good wishes to the team as they embark on a new journey.

Diya Aur Baati Hum fame Prachi Tehlan who was recently in the limelight for her wedding that took place during the lockdown also sets in a perfect example to guide Dhruv (Mohit Malik) and Sonam (Sana Sayyad) as they too intend to get married during the lockdown in their upcoming show.

On that note, actress Prachi Tehlan says “Lockdown has had an impact on all areas of our life, including the way we look for love. I was fortunate to take this lockdown period as an opportunity to get into the new phase of life, without unnecessary grandeur and glory, in presence of the near and dear ones only. My marriage was the most beautiful part of this lockdown journey and as we (me and my partner Rohit) are enjoying this blissful journey, I would like to congratulate Star Plus, Rashmi Sharma, Mohit Malik and Sana Sayyad for bringing forth the show 'Lockdown Ki Love Story' which is an interesting, fresh, and cute story of love. After watching the show promos, all I can say is, these are not the ideal conditions for love to blossom. But, the darkest of times can produce the most beautiful romances. Lastly, I urge the audience to shower this show with their love and appreciation as we gear up to watch the story of a modern-day fashion designer and a desi banker who meet amid a Lockdown situation.”

Star Plus, viewers to witness an enduring chemistry of two lovebirds who are completely different from each other. The show to also feature popular actors like Vijay Tyagi, Jayati Bhatia, Deepika Upadhyay, Asutosh Tiwari, Rakesh Kukreti, Kashish Duggal, Ananya Khare, Nazea Hasan, and many others. 

Watch ‘Lockdown Ki Love Story’ every Monday to Saturday at 7pm only on Star Plus

Star Bharat | Karanvir Bohra wishes luck to AliAsgar and Vishal Kotian for his new show Akbar Ka Bal… Birbal

Star Bharat’s new show Akbar Ka Bal..Birbal is set to air its first episode today. The much-awaited show has received accolades since the time the show has released its promo. 

Both Ali and Vishal have been receiving wishes from his fans and colleagues. The most special luck came along the way was with the very talented Karanvir Bohra.

Karanvir shared the promo on his feed on Instagram captioning ‘Aaj sham 07.30 baje se mei apno bachon ke saath dekhunga vo show jisme hone. Dil se Kind, Dimag se mastermind… bacchoo se lekar Akbar tak ke favourite…Har Uljhan ko suljhane aa rahe hai Birbal.’

 Vishal replied on his feed by thanking the dashing actor for his support.

KaranVir is watching with his kids today and so will the entire nation.

What about you?

Watch Akbar Ka Bal…Birbal every Monday to Friday at 7. 30pm only on Star Bharat


Watch now on YouTube -

~ Usha Uthup, Shilpa Rao, Raghu Dixit, Javed Ali, Swetha Mohan with 9 other talented artists reimpose the evergreen track Hum Honge Kamyaab with emotional approach to honour the brave frontline heroes ~

Hyderabad, 31st August, 2020: Metalloid Productions in partnership with UNESCO – New Delhi and Dukes India as the primary sponsor launch Voices United - Hum Honge Kamyaab with a contemporary and multilingual twist.

Voices United - Hum Honge Kamyab is a multi-lingual audio-video track sung by 14 talented artists from across the country to honour and pay a tribute to our brave frontline heroes who have been working tirelessly to keep us safe and battling tooth and nail in these trying times.

The track also aims to raise funds for Magic Bus Foundation towards their Crisis Recovery programme in India. They have been at the forefront of Covid-19 relief efforts, having provided dry ration kits to more than 4 lakh people.

“Independent India has not faced as big a challenge as we have in the last few months. The pandemic, the economy crashing, the migrants-crisis, the possibility of war and lives lost have left us, collectively, in a very dark place. We recomposed this song to try and lift the mood of the nation and make it the Nation’s Anthem of Hope! We thank the artists, our sponsor Dukes India and partner UNESCO – New Delhi for trusting us and playing a key role in bringing this project to life.” says Pritish Kollati, CMD, Metalloid Productions when asked about the idea and reason behind the track.

A Journey of Instilling Faith and Social Cohesion

In the past few months, there have been many reasons to lose hope and faith, but the one reason to assure us we will make it through is the strength of our unity. India has shown the world, that together, we shall overcome any obstacle. India is not just a country; India is an emotion. India is the epitome of “Hum Honge Kamyaab”, of Voices United.

“When we set out to make this song, we had a simple brief for Karthik, our music composer, we need a song like Rahmanji’s Vande Mataram, not just in how epic it was, but to also serve the same purpose - unite our country and pay a soulful tribute. We are very pleased with the way Karthik and the team have brought out the essence of unity. I am also very delighted about how beautifully the song has shaped up. You are surely in for a treat!” Aditya Ponugoti, CMO, Metalloid Productions

Shot and recorded from their homes, the track showcases the passion and dedication the artists have towards their art. Beautifully recomposed and directed by the Cinephile Pictures team, we hope to make legends like Rahman ji, Asha Bhosle ji proud of the track and give our viewers hope, faith and goosebumps. We hope to honour our brave frontline heroes who worked tirelessly day and night and still are to keep us safe.

Our Pursuit of Unity and Hope

“UNESCO New Delhi is delighted to partner with Metalloid Productions, in this initiative.  The Preamble to the Constitution of UNESCO states that ‘since wars begin in the minds of men and women, it is in the minds of men and women that the defences of peace must be constructed’.  Therefore, in times of constraints and restrictions on our daily routines, we hope that this music will encourage the people to come together to face the current COVID 19 pandemic with valour.”  Eric Falt, Director of UNESCO New Delhi

With the majority of the world still under lockdown, the consumption of content has primarily shifted to digital platforms. Music has been one of the most accessible forms of stress relievers and mood boosters during the pandemic. It gives an opportunity to listeners to stand together while staying distanced and that is exactly what this initiative aims to accomplish.

Dukes India Spreading Joy With Foods That Create Joy

In these unprecedented times, when the world needs every sign of hope, when every act of joy and kindness means more than ever, Dukes India is proud to be the presenting sponsor of Voices United. A song that is not only an anthem to lift our spirits, but a meaningful, creative effort that will restore incomes of 2,00,000 families and keep 3,00,000 children in school. Over the past few months everyone at Dukes has been unwavering in their solidarity with the nation. Each of their employees was contributing a day’s salary to the PM Cares Fund, donating blood or distributing free biscuits to frontline healthcare workers in hospitals and feeding stranded migrants, every act has been an affirmation of their mission, of spreading joy with foods that create joy.

As we battle economic challenges, their emotional impact and the dark uncertainties of Covid 19, we want music to offer a ray of hope as well as faith in our strength as a nation that stands united cutting across all lines, all differences to fight this.” said Mr. Ravinder Agarwal, Managing Director of Dukes India, known for his philanthropic work.

Charity Partnership with Magic Bus

Speaking on the associationMatthew Spacie, Founder, Magic Bus, said, “We are proud to be associated with UNESCO and Metalloid Productions who have given us the opportunity to be the exclusive charity partner for Voices United. With their invaluable support, we will be well on our journey to rehabilitate 2,00,000 families who have lost their income as a result of the pandemic, and ensure none of their children drop out of school but continue with their formal education, uninterrupted.”

The COVID-19 pandemic has had a devastating effect on the lives and livelihoods of people living in poverty. Going beyond relief, Magic Bus is working on a Crisis Recovery programme that will  ensure 2.00,000 families are connected to employment opportunities and government schemes. This in turn, will keep 3,00,000 children from being pushed into child labour, child trafficking or early marriage and ensure they stay in schools, complete their education, and get better employment opportunities.

For more updates, follow us on our Instagram page and subscribe to our YouTube channel

IndiGrid completes acquisition of GPTL Transmission project from Sterlite Power at an enterprise value of ~INR 10.8 Bn (USD 150 Mn)

Key Highlights

·         IndiGrid’s AUM increases by ~9% to ~INR 133 Bn (USD 1.80 Bn)

·         GPTL consists of 3 GIS of 3,000 MVA capacity and ~270 ckms of 400 KV transmission lines

·         Acquisition adds ~INR 350-400 Mn of net distributable cash flow per year

Mumbai, Monday, August 31, 2020: India Grid Trust (“IndiGrid”), India’s leading infrastructure investment trust, today completed acquisition of another transmission asset - Gurgaon Palwal Transmission Limited (“GPTL”), from Sterlite Power at an enterprise value of ~INR 10.8 Bn (USD 150 Mn). With this acquisition, IndiGrid’s AUM has increased by ~9% to ~INR 133 Bn (USD 1.80 Bn). IndiGrid’s asset portfolio will now consist of 10 power transmission projects, with a total network of 25 power transmission lines and 7 substations extending over ~6,080 circuit kilometres & 10,735 MVA in 15 Indian states.

GPTL is part of Inter State Transmission Scheme (ISTS) network and consists of three gas-insulated substations (GIS) with a total transformation capacity of 3,000 MVA and ~270 circuit kilometers of 400 KV transmission lines spread across Uttar Pradesh, Haryana and Rajasthan. This project is built with a substantial focus on environmental, social and governance (ESG) aspects. It is a strategic asset for ensuring reliable power supply in the region which may reduce the carbon emissions by reducing dependence on DG sets. The land requirement for this project is also substantially reduced with innovatively designed vertical GIS substation and monopole towers with micro-piling.

The acquisition of GPTL was envisaged as part of the framework agreement signed with Sterlite Power in April 2019 for acquisition of three assets upon commissioning. This acquisition has been funded by internal accruals, proceeds from the preference issue done in May 2019 and new debt. With this investment, IndiGrid’s net debt/AUM will be at ~53%, significantly below the 70% leverage threshold as per SEBI InvIT Regulations.

Commenting on the acquisition, Harsh Shah, Chief Executive Officer of IndiGrid, said “This acquisition is in line with our strategy to acquire accretive assets with low operating risk and long-term certainty of cash flows. We continue our efforts to increase unitholders’ returns by creating a solid growth pipeline for the future while providing predictable distribution. IndiGrid has another ~INR 55 Bn (USD 750 Mn) pipeline of transmission projects under the framework agreement with Sterlite Power providing visibility of ~INR 180 Bn (USD 2.50 Bn) of AUM over next two years. This acquisition is a testament to our consistent track record of aggregating good quality projects with the vision of enhancing investor returns while maintaining a strong balance sheet. “

Commenting on the transaction, Anuraag Srivastava, Group CFO, Sterlite Power, said, “We are proud to successfully close yet another asset sale in these unprecedented times. GPTL sale marks our ninth asset transfer to India Grid Trust. With this, we have transferred about ~INR 123 Bn (USD 1.70 Bn) worth transmission assets to IndiGrid till date. The sale of this strategic project amidst a challenging market situation is a clear validation of the pioneering asset monetization model and our ability to commission high quality projects with long term stable cash flows. We look forward to commissioning more assets and transfer about another ~INR 55 Bn (INR 750 Mn) worth of assets to IndiGrid over a period of time.”

 In FY20, IndiGrid raised ~INR 25.1 Bn (USD 340 Mn) of capital by way of preferential issue which was subscribed by KKR and GIC amongst other marquee investors. It acquired NRSS XXIX and OGPTL projects from Sterlite Power for ~INR 50 Bn (USD 680 Mn). In addition to that, it had entered into an exclusive framework agreement with Sterlite Power to acquire three projects worth ~INR 65 Bn (USD 890 Mn) as and when they are commissioned, of which GPTL has now been acquired by IndiGrid. KKR also acquired majority interest in the Investment Manager of IndiGrid.

About IndiGrid:

IndiGrid [BSE: 540565 | NSE: INDIGRID] is the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector. It owns 10 operating projects consisting of 25 transmission lines with more than 6,080 ckms length and 7 substations with 10,735 MVA transformation capacity. IndiGrid has assets under management (AUM) worth ~INR 133 Bn (USD 1.80 Bn). The investment manager of IndiGrid is majority owned by KKR.

For more details, please visit

About Sterlite Power:

Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 13,670 circuit kms and 24,800 MVA in India and Brazil. With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The Company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing. Sterlite Power is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust (“InvIT”), listed on the BSE and NSE. Sterlite Power has been recognised with prestigious global awards from S&P Global Platts and International Project Management Association (IPMA).

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