Adani Transmission has signed Share Purchase Agreement (SPA) with REC Power Development and Consultancy (formerly known as REC Power Distribution Company) for acquisition of its entire stake in MP Power Transmission Package-II (MPPTPL). The project, ‘MP Power Transmission Package-II’, consists of more than 1000 ckt kms of Transmission Lines & Air Insulated Substations of various voltage levels (220kV and 132kV) in 18 Districts of Madhya Pradesh. With a capex of Rs 1,200 crore, The company’s execution of the project will strengthen the transmission system in Eastern Madhya Pradesh.
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.
