# Adani Transmission to acquire KEC International's power transmission unit

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.

- Type: Acquisition
- Announced: 2018-11-03
- Where: Rajasthan, India
- Value: $31.0M (227.5M INR)
- Status: announced
- Capacity: 344 circuit km
- Products: power transmission lines
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [KEC International](https://endata.com/companies/30660.md) (target)
- [Adani Transmission](https://endata.com/companies/35309.md) (acquirer)
- [KEC Bikaner Sikar Transmission](https://endata.com/companies/35310.md) (target)

## Sources

- [livemint.com](https://www.livemint.com/Companies/rzPJdXlW1gQn9UunvcSllJ/Adani-arm-to-buy-KEC-Internationals-power-transmission-unit.html), 2018-11-04: "Adani Transmission said cost of acquisition of KBSTPL shares is at an enterprise value of ₹ 227.5 crore subject to customary adjustments at closing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.