Adani Transmission Ltd, is an
electric power transmission
Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is ...
company headquartered in
Ahmedabad
Ahmedabad ( ; Gujarati: Amdavad ) is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per t ...
,
India.
Currently, it is one of the largest private sector power transmission companies operating in India. As of July 2020, the company operates a cumulative network of 12,200 circuit kilometers, and more than 3,200 circuit kilometers are under various stages of construction.
History
Adani Transmission was founded by
Gautam Adani in December 2015 after separating the decade-old transmission business from
Adani Enterprises.
At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the
Mundra Thermal Power Station, connecting
Mundra
Mundra is a census town and a headquarter of Mundra Taluka of Kutch district in the Indian state of Gujarat. Founded in about the 1640s, the town was an important mercantile centre and port throughout its history. Mundra Port is the largest pr ...
–
Dehgam
Dahegam is a city and a municipality in Gandhinagar district in the state of Gujarat, India.
History
During 1257 AD, Gujarat was under the Khilji dynasty. Jafar Khan of the Tughlak dynasty had overpowered King Ram Ray Rathod of Idar. The Mugha ...
,
Mundra
Mundra is a census town and a headquarter of Mundra Taluka of Kutch district in the Indian state of Gujarat. Founded in about the 1640s, the town was an important mercantile centre and port throughout its history. Mundra Port is the largest pr ...
–Mohindergarh and
Tirora–
Warora.
Mergers and acquisitions
In 2015, ATL acquired three wholly owned subsidiaries of PFC Consulting, which itself is a subsidiary of
Power Finance Corporation – the
Chhattisgarh
Chhattisgarh (, ) is a landlocked state in Central India. It is the ninth largest state by area, and with a population of roughly 30 million, the seventeenth most populous. It borders seven states – Uttar Pradesh to the north, Madhya Prade ...
-WR transmission line,
Sipat transmission line connecting with
Sipat Thermal Power Station and
Raipur-
Rajnandgaon-
Warora transmission line.
In 2016, ATL further acquired the
GMR Group’s transmission assets in the state of
Rajasthan — the Maru Transmission Services Ltd (MTSL) and Aaravalli Transmission Services Ltd (ATSL). In the same year, the company also acquired
Reliance Infrastructure's transmission assets of the Western Region System Strengthening Scheme (WRSSS).
In December 2017, the company obtained a share purchase agreement (SPA) for the acquisition of the Mumbai Generation Transmission & Distribution (GTD) business from Reliance Infrastructure. In March 2018, the shareholders of Reliance Infrastructure approved the sale of its power business for Rs. 18,800 crore to Adani Transmission Limited. This resulted in the founding of Adani Mumbai Electricity Limited, a 100% wholly owned subsidiary of ATL which currently serves more than 3 million consumers across a license area of approximately 400 square kilometers in the city of
Mumbai.
In February 2019, ATL acquired
KEC International's
Bikaner-
Sikar transmission asset in
Rajasthan. In September of the same year, the company acquired PFC Consulting's
Bikaner-
Khetri transmission project in Rajasthan.
In July 2020, the company signed definitive agreements with Kalpataru Power Transmission (KPTL) for acquiring Alipurduar Transmission.
adding 650 circuit kilometers in its network from the state of
Bihar and
West Bengal.
References
External links
Adani Transmission Limited
{{Nifty 200 companies
Converter stations
Electric power transmission infrastructure in India
Companies based in Ahmedabad
Electric power transmission system operators in India
Adani Group
Utilities of India
2015 establishments in Gujarat
Indian companies established in 2015
Energy companies established in 2015
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange