Ahmedabad, May 16: Adani Energy Solutions Ltd (AESL), on Thursday, announced that it has acquired 100 per cent stake in Essar Transco Ltd for Rs 1,900 crore. The acquisition covers a fully operational 400 kV, 673 ckt kms (circuit kilometres) inter-state transmission line, linking Mahan in Madhya Pradesh to Sipat pooling substation in Chhattisgarh.

슬롯사이트œThe acquisition of Mahan-Sipat transmission network will consolidate AESL슬롯사이트™s presence in central India with four operating assets having 3,373 ckt km in the region,슬롯사이트� the company said in a statement. The acquisition, through AESL슬롯사이트™s wholly-owned subsidiary Adani Transmission Step-Two Limited (ATSTL), is consistent with the company슬롯사이트™s philosophy of augmenting its existing capacities and bringing in efficiency through operational synergies and creating network effect.슬롯 머신 사이트 추천AWS Plans To Invest USD 8.4 Billion Into Its European Sovereign Cloud in Germany.

슬롯사이트œAlong with a robust energy demand, the ability to recognise and tap market opportunities within the areas of interest continues to propel and position AESL at the forefront of energy transition in India,슬롯사이트� the company said. The acquisition takes the cumulative network of AESL to more than 21,000 ckt kms. For the acquisition, ATSTL also raised financing at the most competitive terms.

슬롯사이트œThis establishes a new benchmark for AESL to raise capital and unlocks the lower cost debt for its operational assets,슬롯사이트� said the company. AESL is the country슬롯사이트™s largest private transmission company, with a presence across 17 states with 57,011 MVA transformation capacity.슬롯 머신 사이트 추천OpenAI Co-Founder and Chief Scientist Ilya Sutskever Departs, Sam Altman Announces Jakub Pachocki as New Chief Scientist.

It serves more than 12 million consumers in metropolitan Mumbai and the industrial hub of Mundra SEZ. AESL clocked operational revenue at Rs 14,217 crore for the year ended March 31, up 17 per cent (year-on-year) -- registering comparable profit after tax (PAT) at Rs 1,197 crore, up by 12 per cent. Operational EBITDA was at Rs 5,695 crore for the full year, up 7 per cent YoY.

(The above story first appeared on LatestLY on May 16, 2024 10:49 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).