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Adani Energy Solutions’ arm executes share purchase agreement with Windson Projects

03 May 2024 Evaluate

Adani Energy Solutions’ subsidiary -- Adani Electricity Mumbai (AEML) has executed Share Purchase Agreement (SPA) with Windson Projects LLP (WPLLP) for acquiring 100% Equity Shares of Pointleap Projects (PPPL). Adani Electricity Mumbai has executed SPA on May 2, 2024. The acquisition is expected to be completed within 4-5 working days from the execution date of SPA.

Adani Energy Solutions (formerly known as Adani Transmission) is the transmission business arm of the Adani Group, one of India’s largest business conglomerates.


Peers
Company Name CMP
NTPC 325.80
Tata Power 364.00
Adani Power 200.00
Power Grid Corpn. 267.20
Adani Energy Solut. 1344.25
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