{"id":496298,"date":"2022-06-04T10:57:51","date_gmt":"2022-06-04T05:27:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=496298"},"modified":"2022-06-04T13:07:29","modified_gmt":"2022-06-04T07:37:29","slug":"essar-power-enters-into-agreement-with-atl-to-sell-transmission-asset","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/essar-power-enters-into-agreement-with-atl-to-sell-transmission-asset\/","title":{"rendered":"Essar Power enters into agreement with ATL to sell transmission asset"},"content":{"rendered":"<p>Essar Power Limited, India&#8217;s first private sector independent power producer, has entered into a definitive agreement with Adani Transmission Limited (ATL) to sell one of its two transmission lines for Rs 1,913 crore.<\/p>\n<p>Essar Power Transmission Company Limited (EPTCL) has 465-km transmission lines across three Indian states. The asset transacted is an operational 400 kV inter-state transmission line linking Mahan to Sipat pooling substation. The project operates under the CERC regulated return framework.<\/p>\n<p>During the last three years, Essar Power has reduced its debt from a peak level of approximately Rs 30,000 crore to Rs 6,000 crore. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Essar Power Limited, India&#8217;s first private sector independent power producer, has entered into a definitive agreement with Adani Transmission Limited (ATL) to sell one of its two transmission lines for Rs 1,913 crore. Essar Power Transmission Company Limited (EPTCL) has 465-km transmission lines across three Indian states. The asset transacted is an operational 400 kV inter-state transmission line linking Mahan to Sipat pooling substation. The project operates under the CERC regulated return framework. During the last three years, Essar Power has reduced its debt from a peak level of approximately Rs 30,000 crore to Rs 6,000 crore.<\/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-496298","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\/496298","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=496298"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/496298\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=496298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=496298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=496298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}