1. At a Glance
India Grid Trust (IndiGrid), India’s first listed power sector InvIT, is where stable dividends meet transmission lines. With a juicy 13.4% yield and a portfolio of 42 lines & 12 substations, it’s the passive-income darling of the stock market — just don’t ask it to grow like a startup.
2. Introduction with Hook
Imagine a toll booth that keeps charging trucks without needing to upgrade the road. That’s IndiGrid for you — India’s toll booth for electricity. Backed by giants like KKR & Sterlite Power, this InvIT (Infrastructure Investment Trust) is the mutual fund cousin that said, “I don’t chase growth, I chase cash.”
- 13.4% Dividend Yield — it’s not a stock, it’s a “monthly salary”.
- ₹13,000 Cr Market Cap — midcap InvIT that pays more than your FD.
3. Business Model (WTF Do They Even Do?)
Let’s break it down — this isn’t a company; it’s a trust.
- Owns power transmission SPVs
- Receives fixed, long-term cash flows via 35-year Transmission Service Agreements (TSAs)
- Distributes 90%+ Net Distributable Cash Flow (NDCF) to unitholders
- Backed by sponsors:
