Adani Transmission acquires entire stake in FBTL

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

16 Mar 2018 Evaluate

Adani Transmission has acquired 100% equity share capital of Fatehgarh-Bhadla Transmission (FBTL) from PFC Consulting (PFCCL) on March 14, 2018. FBTL was incorporated in December 2016 by PFCCL to establish Transmission System for Ultra Mega Solar Park in Fatehgarh, District Jaisalmerin Rajasthan. The company has acquired it from PFCCL pursuant to tariff based competitive bidding process carried out by PFCCL.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.

Peers

Company Name	CMP
NTPC	326.10
Tata Power	366.00
Adani Power	201.80
Power Grid Corpn.	266.80
Adani Energy Solut.	1353.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.