Adani Transmission has inked a Share Purchase Agreement (SPA) with Reliance Infrastructure for 100% acquisition of Western Region System Strengthening Scheme (WRSSS) Transmission Assets of approximate 3100 Ckt Kms.
The Enterprise Value (EV) of WRSSS Transmission Business is Rs. 1000 Crore. The transactions are subject to various regulatory and applicable statutory approvals, including the approval of the Competition Commission of India.
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. Adani Transmission operates as a subsidiary of Adani Enterprises.
