Adani Energy Solutions Acquires Essar's Mahan-Sipat Transmission Project
NDTV
The acquisition covers the fully operational 400 kV, 673 circuit kilometres inter-state transmission line linking Mahan in Madhya Pradesh to Sipat pooling substation in Chhattisgarh
Adani Energy Solutions Ltd (AESL) has acquired 100 per cent stake in Essar Transco Limited for an Enterprise Value of INR 1,900 crore after obtaining necessary clearances. This share acquisition follows agreements signed in June 2022.
The acquisition covers the fully operational 400 kV, 673 circuit kilometres inter-state transmission line linking Mahan in Madhya Pradesh to Sipat pooling substation in Chhattisgarh, Adani Energy Solutions said in a statement.
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