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Adani Transmission incorporates wholly owned subsidiary

13 Sep 2022 Evaluate

Adani Transmission has incorporated its wholly owned subsidiary in the name of Adani Electricity Jewar (AEJL) on September 12, 2022 with an initial authorised and paid up capital of Rs 1,00,000 each to, inter alia, carry on the business of transmission, distribution and supply of power and other infrastructure services relating thereto. AEJL will commence its business operations in due course. 

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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