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30-Aug2018

Adani Transmission acquires RInfra's power business in Mumbai

Adani Transmission has acquired Reliance Infrastructure's (RInfra) integrated business of Generation, Transmission and Retail Electricity Distribution. The integrated business includes the Power Generation units based at Dahanu, Power Transmission Network across Mumbai & Maharashtra and the Retail Power Distribution network in Mumbai suburbs.

The acquisition shall be housed in Adani Electricity Mumbai (AEML), a newly formed entity & a subsidiary of Adani Transmission. It will serve over 3 million customers spread across 400 sq. kms in the city of Mumbai. This acquisition marks the firm's foray into the large scale electricity distribution sector, the most vital function within the power supply chain.

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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