Adani Energy Solutions executes SPA to acquire WRNES Talegaon Power Transmission

Adani Energy Solutions Ltd. | Power Generation/Distribution | Power | BSE: 539254 | NSE: ADANIENSOL

30 May 2025 Evaluate

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

WRNES Talegaon Power Transmission will help evacuate 1.5 GW of green power from upcoming hydro Pumped Storage Projects (PSP) in the region and will help meet demand from Mumbai and surrounding areas.

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	326.25
Tata Power	365.45
Adani Power	201.80
Power Grid Corpn.	266.70
Adani Energy Solut.	1352.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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