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Mar 27, 2021ACQUISITIONIndia

Adani Transmission to acquire Warora-Kurnool Transmission for Rs 3,370 crore

Adani Transmission Limited has signed an agreement to acquire Warora-Kurnool Transmission Limited from Essel Infraprojects for about Rs 3,370 crore, adding 1,750 ckt km of transmission lines.

Value

$460.0M (33.7B INR)

Status

Announced

Capacity

1,750 ckt km

Productstransmission lines

CompaniesAdani Transmission acquirer Essel Infraprojects Limited target Warora-Kurnool Transmission Limited target

Sectors#Electrical Equipment

“The acquisition of WKTL will bolster ATL’s pan-India presence, consolidating further its position as the largest private sector transmission company in India.”business-standard.com

1 source
business-standard.comAdani Transmission to acquire Warora-Kurnool Transmission for Rs 3,370 cr | Company News - Business StandardBS Web TeamMar 27, 2021

Summarized from public sources; check the original articles before acting on it.

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