RInfra
IndiGrid to acquire RInfra’s equity stake in Parbati Koldam Transmission Company
- Nov 30, 2020
India Grid Trust (IndiGrid) has announced that has signed a share purchase agreement to acquire 74 per cent equity stake in Parbati Koldam Transmission Company Ltd from Reliance Infrastructure Ltd (RInfra). In a stock exchange filing, IndiGrid said that Read more
Adani completes acquisition of RInfra’s power business
- Aug 30, 2018
Adani Transmission Ltd, part of the Adani Group, announced that it has acquired Reliance Infrastructure’s integrated business of generation, transmission and retail electricity distribution. The deal is worth Rs.18,800 crore, and was in the making since December 2017. The Read more
Adani signs deal to acquire RInfra’s Mumbai power biz
- Dec 21, 2017
Adani Transmission Ltd has announced that it has signed a binding share purchase agreement with Reliance Infrastructure Ltd (RInfra) to fully acquire the latter’s integrated power business in Mumbai. The deal, valued at Rs.13,251 crore plus working capital, Read more
RInfra moves closer to selling off Mumbai power distribution outfit
- Oct 11, 2017
Reliance Infrastructure Ltd (RInfra) has entered into exclusive negotiations with Adani Transmission Ltd for the potential sale of Reliance Infra’s power business in Mumbai, spanning generation, transmission and distribution. Both firms have entered into a period of exclusivity till Read more