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Bharti Airtel inks pact to acquire 26% stake in AMP Energy Green Three

03 Jan 2025 Evaluate

Bharti Airtel has entered into an agreement for acquisition of 3,78,90,005 (26%) equity shares in AMP Energy Green Three, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. The cost of acquisition is Rs 37.89 crore. 

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa. 


Peers
Company Name CMP
Bharti Airtel 1830.95
Vodafone Idea 14.52
Indus Towers 385.50
Tata Communications 1700.60
Railtel Corp. India 268.65
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