Adani Energy Solutions executes SPA with PFC Consulting
This acquisition is proposed to further AESL’s strategy for enhancing value for its shareholders through organic as well as inorganic opportunities
Adani Energy Solutions (AESL) has executed Share Purchase Agreement (SPA) with PFC Consulting (PFCCL) for acquiring 100% Equity Shares of South Kalamb Power Transmission (SKPTL). This acquisition is proposed to further AESL’s strategy for enhancing value for its shareholders through organic as well as 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.
Adani Energy Solutions (formerly known as Adani Transmission) is the transmission business arm of the Adani Group, one of India’s largest business conglomerates.
