Adani Transmission (ATL), the largest private power transmission company operating in India, has inked a definitive agreement with GMR Energy to acquire 74% share of Maru Transmission Service Company (MTSCL) and 49% share of Aravali Transmission Service Company (ATSCL) with an option to acquire 100% in a manner consistent with transmission service agreement and applicable consents. The equity value for 100% stake of the both the projects is ascribed at Rs 100 crore.
MTSCL operates 400 KV S/C Bikaner - Deedwana Transmission Line which is approximately 129 Km long; 400 KV S/C Ajmer-Deedwana Transmission Line of 106 Km; 220 KV D/C Sujangarh - Deedwana Transmission Line of 30 Km and 2X315 MVA, 400/220 KV grid sub-station at Deedwana and other associated works in Rajasthan. ATSCL operates 400 KV S/C Hinduan - Alwar transmission line (96km) and 2X315 MVA, 400/220 KV grid substation at Alwar and other associated works in Rajasthan.
Adani Transmission is engaged in providing establishing, commissioning, operating and maintaining electric power transmission systems in India. It offers operation and maintenance (O&M) support services.
