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Powergrid InvIT is an infrastructure investment trust incorporated in 2021 and registered with SEBI as an InvIT on January 7, 2021. Sponsored by Power Grid Corporation of India Limited (POWERGRID), India's flagship public sector power transmission utility, the company operates in the power transmission and infrastructure investment trust industries. It owns, constructs, operates, maintains, and invests in power transmission assets across India. Its business segments include ownership, construction, operation, and maintenance of power transmission assets, along with investments in such assets. Powergrid InvIT holds a portfolio of functional power transmission projects that generate long-term stable cash flows under the point-of-connection (PoC) mechanism, providing investors exposure to the power transmission sector through these operational projects.