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Adani Transmission to acquire Alipurduar Transmission from KPTL

06 Jul 2020 Evaluate

Adani Transmission has signed definitive agreements with Kalpataru Power Transmission (KPTL) for acquisition of Alipurduar Transmission (APTL) in a manner consistent with Transmission Service Agreement and applicable consents.

Alipurduar Transmission operates transmission lines aggregating to around 650 ckt kms in West Bengal and Bihar. The project was awarded through competitive bidding process on a build, own, operate, maintain basis.

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 326.50
Tata Power 364.00
Adani Power 199.60
Power Grid Corpn. 267.00
Adani Energy Solut. 1343.00
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