Adani Energy acquires 100% stake in Pune-III Transmission
- Posted on November 21, 2024
- By Business News Today
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Adani Energy acquires 100% stake in Pune-III Transmission
Adani Energy Solutions has acquired a 100% stake in Pune-III Transmission Limited (PTL) through a Share Purchase Agreement with PFC Consulting. The acquisition aligns with Adani Energys strategy to boost shareholder value and supports renewable energy evacuation from Khavda RE Park. PTLs projects include establishing high-voltage substations and a 322 km transmission line.