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Adani Transmission signed an agreement to buy KEC Bikaner Sikar Transmission from KEC International for an enterprise value of ₹227.5 crore. The unit operates a 344 km transmission line in Rajasthan.
“Adani Transmission said cost of acquisition of KBSTPL shares is at an enterprise value of ₹ 227.5 crore subject to customary adjustments at closing.”livemint.com
Summarized from public sources; check the original articles before acting on it.