Indigrid
- 1. Indigrid
- 3. • The India Grid Trust (IndiGrid), sponsored by Sterlite Power Grid Ventures Limited, one of India’s leading private power transmission companies, was created in 2016 to acquire operating power transmission assets. India's first infrastructure investment trust in the power sector, IndiGrid provides investors with an opportunity to invest directly in operating power transmission assets. It also allows infrastructure developers to monetize their operating projects. This new financial instrument in the Indian capital market is backed by a conducive regulatory regime in a burgeoning economy in need of large infrastructure spending.
- 4. • Responsible companies have already began spurring into action on their own without waiting for regulations. Apple, for instance, has made its operations run off renewable energy and is opening its advanced recycling technology intelligence for others to adapt. On similar lines, electric vehicle making lodestar Tesla, famously made all its patents publicly available as far back as 2014. Huge corporations ranging from Intel to Walmart are all stepping up the game, showing that profitability doesn’t need to be compromised in pursuit of sustainability.
- 5. • This year’s theme is air pollution, and it’s a timely reminder that every year, it causes 7 million deaths globally. In India, this should strike home hard since many of our major cities frequent the “most polluted cities” lists (22 of the top 30) and 1.2 million of our countrymen succumb to air pollution-related deaths.
- 6. • As a responsible energy company, we know we cannot compromise on environmental goals while achieving the ones at global level. Which is why conservation and caring for the environment is our second nature. It’s often a starting point of the discussion more than an afterthought. There have been quite a few techniques, that have proved useful to us in causing minimum impact on the environment during the execution phases across our various projects. We hope that these techniques inspire others too, to look at sustainable growth and development.