Adani
KEC sells Rajasthan transmission asset to Adani Group
- Nov 5, 2018
KEC International has signed a share purchase agreement (SPA) with Adani Transmission Ltd for selling its entire stake in KEC Bikaner Sikar Transmission Pvt Ltd at an enterprise value of around Rs. 227.50 crore. The deal is subject 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 Transmission marks footprint in Uttar Pradesh
- Jun 19, 2018
Adani Transmission Ltd (ATL) has clinched the Ghatampur power transmission project under the tariff-based competitive bidding route, marking its first presence in Uttar Pradesh. In a stock exchange filing, ATL announced that it has received the letter of intent 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