Adani Energy Solutions completes acquisition of Essar’s Mahan-Sipat Transmission assets
AHMEDABAD: Adani Energy Solutions Limited, through its wholly owned subsidiary, Adani Transmission step-two Limited (ATSTL), on Thursday announced it has acquired a 100% stake in the operational assets of Essar Transco Limited at Mahan-Sipat transmission situated in Madhya Pradesh. The acquisition has been completed at an enterprise value of Rs 1,900 crore. The acquisition will