Adani Energy Solutions Acquisition Worth ₹0.01 Cr
Adani Energy Solutions acquires 100% of Satara Power Transmission Limited for ₹0.01 Crore in cash. SPTL will facilitate a 765 kV inter-regional corridor for renewable power evacuation.
- Value
- ₹0.01 Cr
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4 announcements
Adani Energy Solutions acquires 100% of Satara Power Transmission Limited for ₹0.01 Crore in cash. SPTL will facilitate a 765 kV inter-regional corridor for renewable power evacuation.
AESL executed an SPA to acquire 100% of Satara Power Transmission Ltd for a 765 kV inter-regional corridor. The acquisition expands AESL's transmission footprint in Maharashtra.
Promoter group entities acquired 2.12% stake in Adani Energy Solutions via open market and off-market deals. The combined promoter holding rose to 74.29%, signaling continued promoter confidence.
Adani Energy Solutions signed an agreement to acquire 100% of Intellismart Infrastructure for ₹3,050 Crore. The deal significantly expands its smart metering portfolio to 4.7 Crore meters.