Khavda in Gujarat is also the location where the Adani group is developing a 20 gigawatt hybrid renewable energy park Adani Energy Solutions, formerly known as Adani Transmission, announced on Thursday the acquisition of an under-development transmission project from Megha Engineering & Infrastructures for an undisclosed amount. The company stated that it has entered into […]
Adani Transmission seeks shareholders’ nod to raise up to Rs 8,500 crore – EQ Mag
The company explained that it anticipates growth opportunities in its existing operations and continues to evaluate various avenues for organic expansion and achieving inorganic growth Adani Transmission has sought shareholders’ approval to raise up to Rs 8,500 crore through issuance of equity shares on qualified institutional placement basis. The company has sought shareholders’ approval through […]
Adani Transmission To Become Net Zero By 2050 – EQ Mag Pro
Commits to the target 1.5° C above pre-industrial levels Adani Transmission commits to reduce its absolute scope 1 & scope 2 GHG emissions by 72.7% by FY2032 Also commits to reduce absolute scope 3 GHG emissions by 27.5% by FY2031 Commits to keep global warming at 1.5 °C above pre-industrial levels through measurable actions To […]
Adani Transmission Integrates Arm for Power Transmission, Distribution biz – EQ Mag Pro
The company is adding 10,000 new credit customers per day with a reach across 25,000 pincodes in the country, it said in a release Adani Transmission Ltd on Tuesday said it has incorporated a wholly-owned subsidiary, Adani Electricity Jewar Ltd, to carry on business of transmission, distribution and supply of power and other related infrastructure […]
Adani Transmission’s USD 700-mn revolving facility gets ‘green loan’ tag – EQ Mag Pro
New Delhi : Adani Transmission Limited (ATL) on Wednesday said its USD 700 million revolving loan facility has been tagged as ‘green loan’ by Sustainalytics. Sustainalytics, a Morningstar Company, provides analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies. In a statement issued on Wednesday, ATL said its “USD […]
Adani Transmission gets the nod for ₹3,850 crore investment by Abu-Dhabi firm – EQ Mag Pro
Adani Transmission Ltd said it received shareholders’ approval for issuance of 1.56 crore shares worth around Rs 3,850 crore on a preferential basis to Green Transmission Investment Holding RSC Ltd. Adani Transmission Ltd on Tuesday said it received shareholders’ approval for issuance of 1.56 crore shares worth around Rs 3,850 crore on a preferential basis […]
PFC Consulting transfers 2 subsidiaries to Adani Transmission for implementing projects – EQ Mag Pro
Adani Transmission had emerged as the successful bidder for these two transmission projects on January 18. State-owned Power Finance Corporation on Wednesday said its arm PFC Consulting Ltd has transferred two wholly-owned subsidiaries to Adani Transmission Ltd for implementing power transmission projects. Adani Transmission had emerged as the successful bidder for these two transmission projects […]
Adani Transmission Wins Asia Pacific Indian Deal Of The Year Award
Ahmedabad: Adani Transmission Ltd (ATL), the transmission and distribution arm of the diversified Adani Group, has won the Asia-Pacific Indian Deal of the Year award from Project Finance International (PFI). The award recognizes ATL for the USD 700 Mn revolving project finance facility executed under the framework agreement to finance greenfield transmission projects for the […]
Adani Transmission wins 2 renewable energy projects worth Rs 1,400 cr – EQ Mag Pro
The Karur Transmission Project in Tamil Nadu is worth Rs 200 crore; the one in Gujarat is for Rs 1,200 crore. Adani Transmission Ltd (ATL) :the largest power transmission company in India — has won two projects, which will offer connectivity to crucial renewable energy projects in Gujarat and Tamil Nadu. In a statement, ATL […]
Adani Transmission Awarded 400 KV Karur Transmission Project For Evacuation Of Renewable Power – EQ Mag Pro
Ahmedabad: Adani Transmission Ltd (ATL), India’s largest private sector power transmission company and part of the diversified Adani Group, has received the Letter of Intent (LoI) for the acquisition of Karur Transmission Ltd. ATL won the project through the Tariff-Based Competitive Bidding (TBCB) process and has received the LoI for the Central RE evacuation project. […]