{"id":305331,"date":"2019-12-12T12:04:50","date_gmt":"2019-12-12T06:34:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305331"},"modified":"2019-12-12T12:16:26","modified_gmt":"2019-12-12T06:46:26","slug":"qatars-qia-buys-25-1-stake-in-adani-electricity-mumbai-for-rs-3200-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/qatars-qia-buys-25-1-stake-in-adani-electricity-mumbai-for-rs-3200-cr\/","title":{"rendered":"Qatar\u2019s QIA buys 25.1% stake in Adani Electricity Mumbai for Rs 3,200 cr"},"content":{"rendered":"<p>Qatar Investment Authority has agreed to buy a 25.1 per cent stake in Adani Electricity Mumbai Ltd &#8211; the firm that distributes power to three million consumers in Mumbai &#8211; for Rs 3,200 crore.<\/p>\n<p>Adani Electricity Mumbai Ltd is a part of Adani Transmission Ltd, while Qatar Investment Authority (QIA) is the sovereign wealth fund of the Qatar.<\/p>\n<p>&#8220;Adani Transmission Limited (ATL), Adani Electricity Mumbai Ltd (AEML) and a subsidiary of Qatar Investment Authority (QIA) have signed definitive agreements for the sale of a 25.1 per cent stake in AEML to QIA and for a shareholder subordinated debt investment by QIA in AEML.<\/p>\n<p>&#8220;The total QIA investment in AEML will be approximately Rs 3,200 crore,&#8221; a company statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatar Investment Authority has agreed to buy a 25.1 per cent stake in Adani Electricity Mumbai Ltd &#8211; the firm that distributes power to three million consumers in Mumbai &#8211; for Rs 3,200 crore. Adani Electricity Mumbai Ltd is a part of Adani Transmission Ltd, while Qatar Investment Authority (QIA) is the sovereign wealth fund of the Qatar. &#8220;Adani Transmission Limited (ATL), Adani Electricity Mumbai Ltd (AEML) and a subsidiary of Qatar Investment Authority (QIA) have signed definitive agreements for the sale of a 25.1 per cent stake in AEML to QIA and for a shareholder subordinated debt investment by [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,244,144],"tags":[],"class_list":["post-305331","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305331","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=305331"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305331\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}