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 | 366.00 |
Tata Power | 441.25 |
Power Grid Corp | 316.85 |
Adani Power | 634.75 |
Torrent Power | 1385.15 |
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