Adani Transmission acquires R-Infra's WRSSS transmission assets

Adani Energy Solutions Ltd. | Power Generation/Distribution | Power | BSE: 539254 | NSE: ADANIENSOL

01 Nov 2017 Evaluate

Adani Transmission (ATL) has completed acquisition of operational transmission assets of WRSS Schemes of Reliance Infra for Rs 1,000 crore. In effect, its power-wheeling network crossed the 8,500 circuit km mark. This acquisition is in sync with the ATL strategy to enhance the value of its stakeholders through organic as well as inorganic growth.

Adani Transmission (ATL) 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.

Peers

Company Name	CMP
NTPC	326.25
Tata Power	365.90
Adani Power	201.85
Power Grid Corpn.	267.50
Adani Energy Solut.	1352.75
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