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Adani Transmission incorporates WOS companies

14 Jan 2023 Evaluate

Adani Transmission has incorporated five new Wholly Owned Subsidiary (WOS) companies namely Adani Transmission Step-Three (ATSTL), Adani Transmission Step-Four (ATSFL), Adani Transmission Step-Seven (ATSSL), Adani Transmission Step-Eight (ATSEL) and Adani Transmission Step-Six (ATSSIL) in India.

The said WOS companies have been incorporated for Transmission Business. ATSTL, ATSFL, ATSSL, ATSEL and ATSSIL are having Authorized and Paid-Up Share Capital of Rs 1,00,000 each and yet to commence 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 326.50
Tata Power 364.00
Adani Power 199.60
Power Grid Corpn. 267.00
Adani Energy Solut. 1343.00
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