{"id":496148,"date":"2022-06-04T11:15:31","date_gmt":"2022-06-04T05:45:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=496148"},"modified":"2022-06-04T11:15:31","modified_gmt":"2022-06-04T05:45:31","slug":"essar-power-sells-transmission-line-to-adani-transmission-for-rs-1913-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essar-power-sells-transmission-line-to-adani-transmission-for-rs-1913-crore\/","title":{"rendered":"Essar Power sells transmission line to Adani Transmission for Rs 1,913 crore"},"content":{"rendered":"<p>NEW DELHI: Essar Power Ltd on Friday said it has agreed to sell one of its two electricity transmission lines to Adani Transmission Ltd for Rs 1,913 crore.<br \/>\nThe sale is a part of deleveraging strategy following which Essar has repaid over Rs 1.8 lakh crore to banks and financial institutions in the last three years &#8211; the largest debt repayment in the history.<br \/>\nIn a statement, Essar Power said it &#8220;has entered into a definitive agreement with Adani Transmission Ltd to sell one of its two transmission lines for Rs 1,913 crore&#8221;.<br \/>\nEssar Power Transmission Company Ltd (EPTCL), a unit of Essar Power, has 465-km transmission lines across three Indian states. The asset transacted is an operational 400 kV inter-state transmission line linking Mahan to the Sipat pooling substation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Essar Power Ltd on Friday said it has agreed to sell one of its two electricity transmission lines to Adani Transmission Ltd for Rs 1,913 crore. The sale is a part of deleveraging strategy following which Essar has repaid over Rs 1.8 lakh crore to banks and financial institutions in the last three years &#8211; the largest debt repayment in the history. In a statement, Essar Power said it &#8220;has entered into a definitive agreement with Adani Transmission Ltd to sell one of its two transmission lines for Rs 1,913 crore&#8221;. Essar Power Transmission Company Ltd (EPTCL), a [&hellip;]<\/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":[130,246,137],"tags":[],"class_list":["post-496148","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/496148","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=496148"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/496148\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=496148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=496148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=496148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}