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Adani Energy Solutions acquires 100% equity shares of Mahan Transmission

28 Mar 2025 Evaluate

Adani Energy Solutions has executed Share Purchase Agreement (SPA) with REC Power Development and Consultancy (RECPDCL) for acquiring 100% Equity Shares of Mahan Transmission (MTL).

This acquisition is proposed to further company’s strategy for enhancing value for its shareholders through organic as well as inorganic opportunities. MTL will evacuate 1,230 MW of power from Adani Power’s upcoming 1,600 MW expansion units at Mahan in Singrauli district and feed into the state grid.

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

1259.20 36.90 (3.02%)
17-Apr-2026 16:59 View Price Chart
Peers
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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