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The Economic Times

Economy / The Economic Times

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I Squared to pump $1 billion into power grid assets

US firm I Squared Capital is investing one billion dollars in India's power transmission sector. A new entity, Cube Grid, will build essential grid infrastructure. This move taps into a multi-decade opportunity driven by India's growing energy needs. The company sees stable, long-term returns from transmission projects. This investment will support India's economic growth and energy transition.

20 May 2026 12:25 am