Acquisitions31 March 2026 at 07:49 am
Adani Energy Solutions Acquires 100% Shares of South Kalamb Power Transmission Ltd
AI Summary
Adani Energy Solutions Ltd (AESL) has executed a Share Purchase Agreement (SPA) with PFC Consulting Limited (PFCCL) to acquire 100% Equity Shares of South Kalamb Power Transmission Limited (SKPTL). This acquisition is part of AESL's strategy to enhance value for its shareholders through organic and inorganic opportunities. SKPTL strengthens South Kalamb’s evacuation capability by upgrading the 765/400 kV transformation and downstream network, ensuring reliable high-capacity power supply to Mumbai and readiness for the upcoming 6 GW ±800 kV HVDC renewable injection.
Key Highlights
- Adani Energy Solutions Ltd (AESL) has agreed to acquire 100% Equity Shares of South Kalamb Power Transmission Limited (SKPTL).
- The acquisition is part of AESL's strategy to enhance value for its shareholders through organic and inorganic opportunities.
- SKPTL strengthens South Kalamb’s evacuation capability by upgrading the 765/400 kV transformation and downstream network.
- The acquisition ensures reliable high-capacity power supply to Mumbai and readiness for the upcoming 6 GW ±800 kV HVDC renewable injection.
- The transaction is expected to complete soon.