# Adani Transmission acquires MPPTPL from RECPDCL

Adani Transmission signed a share purchase agreement to acquire 100% of MP Power Transmission Package-II Limited from REC Power Development and Consultancy for a capex of Rs 1,200 crore.

- Type: Acquisition
- Announced: 2021-11-01
- Where: Madhya Pradesh, India
- Value: $160.0M (12.0B INR)
- Status: announced
- Capacity: 1,000 ckt kms of transmission lines
- Products: transmission lines, air insulated substations
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Adani Transmission](https://endata.com/companies/35309.md) (acquirer)
- [REC Power Development and Consultancy](https://endata.com/companies/58423.md) (target)
- [MP Power Transmission Package-II Limited](https://endata.com/companies/58424.md) (target)

## Sources

- [psuwatch.com](https://psuwatch.com/corporatewatch/adani-transmission-signs-spa-with-recpdcl-for-acquisition-mpptpl), 2021-11-01: "The Company has entered into a Share Purchase Agreement with REC Power Development and Consultancy Limited on 1st November 2021 to acquire its entire stake in MPPTPL."

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