{"id":305293,"date":"2019-12-12T11:40:33","date_gmt":"2019-12-12T06:10:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305293"},"modified":"2019-12-12T11:40:33","modified_gmt":"2019-12-12T06:10:33","slug":"qatar-to-invest-450-million-in-adanis-mumbai-power-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/qatar-to-invest-450-million-in-adanis-mumbai-power-business\/","title":{"rendered":"Qatar to invest $450 million in Adani\u2019s Mumbai power business"},"content":{"rendered":"<p>Qatar Investment Authority (QIA) is investing $450 million (about \u20b93,200 crore) in Adani Electricity Mumbai Ltd (AEML), the flagship power transmission asset of billionaire Gautam Adani.<\/p>\n<p>Adani Transmission Ltd (ATL), the parent of AEML, said in a stock exchange filing that the investment is for AEML\u2019s 25.1% stake and subordinated debt. It did not provide the quantum of equity and debt.<\/p>\n<p>As part of the transaction, Adani Transmission and QIA have also agreed that more than 30% of the electricity supplied by AEML will be sourced from solar and wind power plants by 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatar Investment Authority (QIA) is investing $450 million (about \u20b93,200 crore) in Adani Electricity Mumbai Ltd (AEML), the flagship power transmission asset of billionaire Gautam Adani. Adani Transmission Ltd (ATL), the parent of AEML, said in a stock exchange filing that the investment is for AEML\u2019s 25.1% stake and subordinated debt. It did not provide the quantum of equity and debt. As part of the transaction, Adani Transmission and QIA have also agreed that more than 30% of the electricity supplied by AEML will be sourced from solar and wind power plants by 2023.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-305293","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=305293"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305293\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}