Acquisitions12 Dec 2025, 02:50 pm
Adani Energy Solutions Acquires 100% Equity Shares of KPS III HVDC Transmission Limited for Rs. 1 Lakh
AI Summary
Adani Energy Solutions Ltd (AESL) has executed a Share Purchase Agreement (SPA) with PFC Consulting Limited to acquire 100% Equity Shares of KPS III HVDC Transmission Limited. The acquisition is valued at Rs. 1 Lakh and is expected to facilitate the evacuation of 2.5 GW of renewable energy from the Khavda RE park. KPS III is a newly incorporated entity with no historical turnover. The acquisition is in line with AESL's strategy to enhance value for its shareholders through organic and inorganic opportunities.
Key Highlights
- Adani Energy Solutions Ltd (AESL) has executed a Share Purchase Agreement (SPA) with PFC Consulting Limited to acquire 100% Equity Shares of KPS III HVDC Transmission Limited.
- The acquisition is valued at Rs. 1 Lakh and is expected to facilitate the evacuation of 2.5 GW of renewable energy from the Khavda RE park.
- KPS III is a newly incorporated entity with no historical turnover.
- The acquisition is in line with AESL's strategy to enhance value for its shareholders through organic and inorganic opportunities.