Adani Energy Solutions to buy transmission project

Adani Energy Solutions Ltd (AESL), formerly known as Adani Transmission, in a regulatory filing said it has acquired an under-development transmission project from Hyderabad-based Megha Engineering & Infrastructures (MEIL) for an undisclosed amount.

In the filing, the company said it will buy 100% equity shares of special purpose vehicle company KPS 1, at face value of Rs 10 apiece.

Read more

You may also like

Comments are closed.

More in Newspapers