Adani Transmission’s wholly owned subsidiary -- Khavda-Bhuj Transmission (KBTL) has pursuant to the Share Purchase agreement dated March 31, 2023 entered with Adani Renewable Energy Holding Four (AREHFL), acquired entire stake of Equity Shares representing 100% of the total issued, paid-up and subscribed Equity Share Capital of Adani Green Energy Thirty.
The company through its special purpose vehicle is executing project to establish Transmission scheme for evacuation of 3 GW RE injection at Khavda Pooling station under Phase I. This acquisition will further strengthen to shape one of the country’s largest solar and wind farms.
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.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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