Adani Transmission

Billionaire Stanley Druckenmiller's family office-led investment firms have made their maiden bet on the Adani group, seeking shares of the conglomerate's power transmission unit in an institutional sale that was oversubscribed six times.

Billionaire Gautam Adani's power transmission unit, Adani Energy Solutions, has received bids that are more than three times the amount the company plans to raise from a share sale, signalling strong investor interest.

Gautam Adani-led group's power transmission unit, Adani Energy Solutions, has raised $1 billion through a share sale, the first public equity raise by the conglomerate since the Hindenburg report.

Adani Energy Solutions Ltd (AESL) has acquired 100 per cent stake in Essar Transco Limited for an Enterprise Value of INR 1,900 crore after obtaining necessary clearances. This share acquisition follows agreements signed in June 2022.

In a significant move towards advancing smart metering projects both in India and on a global scale, Adani Energy Solutions Ltd's wholly owned subsidiary, Adani Transmission Step-Four, has joined forces with Esyasoft Holdings from the UAE.

Adani Energy Solutions Limited has fully commissioned the Warora Kurnool Transmission, spanning 1,756 circuit kilometres across Maharashtra, Telangana, and Andhra Pradesh.

Adani Energy Solutions on Monday said it has commissioned the Khargar-Vikhroli transmission line to supply an additional 1,000 MW of power to Mumbai city.

Adani Transmission Ltd (ATL) has posted an 85.48 per cent jump in its consolidated net profit at Rs 439.60 crore during March FY23 quarter, helped by higher income.

Shares of Adani Total Gas and Adani Transmission fell in morning trade on Friday after MSCI announced that the two companies will move out of the MSCI India Index with effect from May 31.

Adani Transmission Ltd has been recognised as a 'single-use plastic-free' company by the Confederation of Indian Industry-ITC Centre of Excellence for Sustainable Development.

Adani Transmission Ltd (ATL) on Monday posted a nearly 73 per cent jump in its consolidated net profit to Rs 478 crore in the December quarter of 2022-23 on the back of a one-time income gain and higher revenues.

Adani Transmission reported a 32 per cent dip in its consolidated net profit at Rs 194 crore in September quarter compared to year ago.

Adani Transmission on Thursday announced that it has bagged a deal to install and maintain 10.80 lakh smart meters for BEST Undertaking.

Reliance Infrastructure Ltd. said it filed an arbitration claim of 134 billion rupees ($1.7 billion) in relation to a deal to sell its Mumbai power-distribution business to Adani Transmission Ltd.

Adani Transmission has entered the coveted list of top 10 most valued companies, with a market capitalisation of Rs 4.43 lakh crore, and holds the ninth place in the overall ranking.

Billionaire Stanley Druckenmiller's family office-led investment firms have made their maiden bet on the Adani group, seeking shares of the conglomerate's power transmission unit in an institutional sale that was oversubscribed six times.

Billionaire Gautam Adani's power transmission unit, Adani Energy Solutions, has received bids that are more than three times the amount the company plans to raise from a share sale, signalling strong investor interest.

Gautam Adani-led group's power transmission unit, Adani Energy Solutions, has raised $1 billion through a share sale, the first public equity raise by the conglomerate since the Hindenburg report.

Adani Energy Solutions Ltd (AESL) has acquired 100 per cent stake in Essar Transco Limited for an Enterprise Value of INR 1,900 crore after obtaining necessary clearances. This share acquisition follows agreements signed in June 2022.

In a significant move towards advancing smart metering projects both in India and on a global scale, Adani Energy Solutions Ltd's wholly owned subsidiary, Adani Transmission Step-Four, has joined forces with Esyasoft Holdings from the UAE.

Adani Energy Solutions Limited has fully commissioned the Warora Kurnool Transmission, spanning 1,756 circuit kilometres across Maharashtra, Telangana, and Andhra Pradesh.

Adani Energy Solutions on Monday said it has commissioned the Khargar-Vikhroli transmission line to supply an additional 1,000 MW of power to Mumbai city.

Adani Transmission Ltd (ATL) has posted an 85.48 per cent jump in its consolidated net profit at Rs 439.60 crore during March FY23 quarter, helped by higher income.

Shares of Adani Total Gas and Adani Transmission fell in morning trade on Friday after MSCI announced that the two companies will move out of the MSCI India Index with effect from May 31.

Adani Transmission Ltd has been recognised as a 'single-use plastic-free' company by the Confederation of Indian Industry-ITC Centre of Excellence for Sustainable Development.

Adani Transmission Ltd (ATL) on Monday posted a nearly 73 per cent jump in its consolidated net profit to Rs 478 crore in the December quarter of 2022-23 on the back of a one-time income gain and higher revenues.

Adani Transmission reported a 32 per cent dip in its consolidated net profit at Rs 194 crore in September quarter compared to year ago.

Adani Transmission on Thursday announced that it has bagged a deal to install and maintain 10.80 lakh smart meters for BEST Undertaking.

Reliance Infrastructure Ltd. said it filed an arbitration claim of 134 billion rupees ($1.7 billion) in relation to a deal to sell its Mumbai power-distribution business to Adani Transmission Ltd.

Adani Transmission has entered the coveted list of top 10 most valued companies, with a market capitalisation of Rs 4.43 lakh crore, and holds the ninth place in the overall ranking.