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Adani Transmission incorporates wholly owned subsidiary

03 Aug 2022 Evaluate

Adani Transmission has incorporated a wholly owned subsidiary company in the name of ‘Adani Transmission Step-Two’ (ATSTL) for transmission, distribution and supply of power and other infrastructure services relating thereto. ATSTL is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on August 2, 2022 and is yet to commence its business operations.

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 314.00
Tata Power 352.45
Adani Power 195.50
Power Grid Corpn. 249.75
Adani Energy Solut. 1363.50
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