Adani Transmission plans Rs 4,500 crore capex in FY22

Adani Transmission plans to invest Rs 3,000 crore in its transmission business and Rs 1,500 crore in the Mumbai electricity distribution business in 2021-22, as the company aims to continue its expansion plan, a top executive told reporters on Thursday.

“We are keen to add to our existing investment and we are keen to grow,” Managing Director and Chief Executive Officer Anil Sardana told reporters. He dismissed any plans of monetising assets right now.