March 27, 2025
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Adani Energy acquires Mahan Transmission
Adani Energy Solutions announced the acquisition of a project special purpose vehicle Mahan Transmission, which will evacuate 1,230 MW power from Adani Power’s upcoming 1,600 MW expansion units at Mahan in Singrauli district of Madhya Pradesh. Adani Energy has executed share purchase agreement with REC Power Development and Consultancy Ltd for acquiring 100 per cent equity shares of Mahan Transmission Ltd (MTL).
The share price on Thursday (March 27) zoomed nearly 9 per cent, after the announcement.
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