Page 47 - Index

02-40 CORPORATE OVERVIEW 41-59 STATUTORY REPORTS 60-147 FINANCIAL STATEMENTS Management Discussion and
Analysis (MD&A)
Sustained investments in transmission sector will enable creation of a pipeline of transmission assets, which will create opportunities for PGInvIT to enhance its portfolio delivering value to unitholders.
Further, the National Monetisation Pipeline (NMP) formulated by Govt. of India envisages monetisation of power transmission assets of POWERGRID to the tune of about ` 452 billion during FY2022 to FY2025 with emphasis on InvITs as one of the options for monetisation.
(Source: National Monetisation Pipeline)
PGInvIT with its robust foundation built around its core strengths which include a world-class Sponsor, an experienced Investment Manager, consistent cash flows, and a strong financial position is well-positioned to acquire new assets without substantially diluting unitholders’ interest for the benefit of unitholders.
Cautionary Statement
The Management Discussion and Analysis contains statements for describing the Trust’s objectives, projections, estimates, expectations, or predictions. These statements are ‘forward-looking’ in nature and are within the meaning of applicable securities laws and regulations. The Trust has undertaken various assessments and analysis to make assumptions on future expectations on business development. However, various risks and unknown factors could cause differences in the actual developments from our expectations. Important factors that could make a difference to the Trust’s operations include macro-economic developments in the country and improvement in the state of capital markets, changes in the Governmental regulations, taxes, laws, and other statutes, and other incidental factors. The Trust undertakes no obligation to publicly revise any forward-looking statements to reflect future/likely events or circumstances.
POWERGRID Infrastructure Investment Trust 45