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

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

Energy acquisition news : Adani Transmission Limited has struck a deal to acquire Reliance Energy, the integrated Mumbai power business of Reliance Infrastructure (RInfra) for Rs 18,800 crore ($2.9 billion). Valued at Rs12,101 crore ($1.9 billion), Reliance Energy will bring along with it regulatory approved assets in the transaction which are worth about Rs 1,150crore […]