Adani Energy Solutions, formerly known as Adani Transmission, announced on Thursday the acquisition of an under-development transmission project from Megha Engineering & Infrastructures for an undisclosed amount.
The company stated that it has entered into definitive documents with Megha Engineering & Infrastructures for the acquisition of KPS 1 Transmission Limited, in a manner consistent with the transmission service agreement and applicable consents. Additionally, the company noted that KPS1 is yet to commence business operations.
