Adani Transmission has signed share purchase agreements with REC Transmission Projects Company on November 13, 2019 for acquisition of its entire stake in Lakadia Banaskantha Transco (LBTL) and Jam Khambaliya Transco (JKTL).
The project ‘Lakadia Banaskantha Transco’ consists of approximately 360 ckt kms of 765kV a line along with associated transmission system. The project ‘Jam Khambaliya Transco’ consists of approximately 40 ckt kms of 400 kV D/C line along with 400 kV Substation at Jam Khambaliya in Gujarat.
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.