Corporate News     29-Mar-23
Adani Transmission acquires Khavda II-A Transmission
Adani Transmission (ATL) acquired entire stake of equity shares representing 100% of the total issued, paid-up and subscribed equity share capital of Khavda II-A Transmission from REC Power Development and Consultancy.

The project entails the establishment of transmission scheme for evacuation of 4.5GW RE injection at Khavda PS under Phase II- Part A approximately 380 ckt km of transmission line connecting Khavda pooling station 2 to Lakadia S/s with bay extension at both end.

With an estimated capex of Rs 1,830 crore, ATL's execution of the project will help evacuate about 4.5 GW of renewable energy from Khavda, Gujarat, which is taken up for evacuation requirement beyond 3 GW from Khavda RE park.

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