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11-Feb2019

Adani Transmission acquires 100% stake in KEC Bikaner Sikar Transmission

Adani Transmission has acquired 100% stake of KEC International in KEC Bikaner Sikar Transmission having operational transmission lines aggregating around 344 ckt kms at an Enterprise Value of Rs 227.5 crore.

With the completion of this acquisition, the cumulative network of the company will reach around 13,450 ckt kms, out of which around 10,355 ckt kms are under operation and the balance 3,095 ckt kms, are under various stages of construction. With this scale of operations, Adani Transmission will enjoy substantial benefits in terms of cost optimization, shared resources and will fortify its position of being the largest private sector transmission company in the country.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.


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