GQG Partners injects $1.9bn in Adani Portfolio companies

Pallavi Madhiraju- March 2, 2023

American equity investment boutique GQG Partners has completed a secondary equity transaction worth INR 15,446 crores ($1.87 billion) with the Adani Portfolio companies. The companies ... Read More

Adani Transmission to execute smart metering project for BEST Undertaking

Raghuram Kadari- October 20, 2022

Adani Transmission has received a contract from The Brihanmumbai Electricity Supply and Transport (BEST) Undertaking, a Mumbai-based civic transport and electricity provider, to execute the ... Read More

Adani Transmission to acquire Mahan-Sipat transmission project from Essar

Pallavi Madhiraju- June 4, 2022

Adani Transmission Ltd. (ATL) has signed a deal worth INR 1,913 crores with Essar Power Ltd. (EPL) to acquire the Mahan-Sipat transmission project, a 673km ... Read More

Adani Group’s green energy companies secure $2bn from Abu Dhabi’s IHC

Pallavi Madhiraju- May 18, 2022

Adani Enterprises said that International Holding Company PJSC (IHC), an Abu Dhabi-based investment company, has finalized an investment of INR 15,400 crores ($2 billion) in ... Read More

KEC International to wrap up remaining work of Warora-Kurnool Transmission project

Pallavi Madhiraju- April 19, 2021

KEC International has signed agreements worth INR4.77 billion with Warora-Kurnool Transmission Limited (WKTL), for finishing the remaining work of the transmission lines in Andhra Pradesh, ... Read More

Adani Transmission to acquire Warora-Kurnool Transmission for $460m

Pallavi Madhiraju- March 29, 2021

Adani Transmission Limited (ATL) has agreed to acquire Warora-Kurnool Transmission Ltd. (WKTL) from Essel Infraprojects Limited (EIL) for INR 33.7 billion ($460 million) in cash. ... Read More

Adani Transmission to buy Reliance Energy from RInfra for $2.9bn

Pallavi Madhiraju- December 23, 2017

Energy acquisition news : Adani Transmission Limited has struck a deal to acquire Reliance Energy, the integrated Mumbai power business of Reliance Infrastructure (RInfra) for ... Read More