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Adani Energy Solutions executes SPA for acquiring 100% stake in Jamnagar Transmission

16 Oct 2024 Evaluate

Adani Energy Solutions (AESL) has executed Share Purchase Agreement (SPA) with PFC Consulting for acquiring 100% Equity Shares of Jamnagar Transmission (JTL). 

JTL Projects includes Establishment of 2x1500 MVA 765/400 kV Jamnagar (GIS) PS with 2x330 MVAR 765 kV bus reactor and 2x125 MVAR 420 kV bus reactor, setting up of around 330 km (941 ckm) transmission line and ±400 MVAr STATCOM with 3x125 MVAr MSC & 2x125 MVAr MSR at Jamnagar 400kV Bus section. This acquisition is proposed to further AESL’s strategy for enhancing value for its shareholders through organic as well as inorganic opportunities.

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


Adani Energy Solut. Share Price

1353.55 -32.80 (-2.37%)
08-May-2026 16:59 View Price Chart
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Company Name CMP
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