Adani Energy Solutions (AESL) has acquired 100 per cent stake in KPS III HVDC Transmission from PFC Consulting. This acquisition will further AESL's strategy for enhancing value for its shareholders through organic as well as inorganic opportunities.
The project is designed to facilitate the evacuation of 2.5 GW of renewable energy, comprising Phase-V scheme of Khavda which has been planned to enable evacuation of an additional 8 GW RE power from Khavda RE park.
Adani Energy Solutions (formerly known as Adani Transmission) is the transmission business arm of the Adani Group, one of India’s largest business conglomerates.
