Adani Energy acquires Rajasthan Part I Power Transmission

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Adani Energy acquires Rajasthan Part I Power Transmission

By January 21, 2025January 21, 2025

Adani Energy Solutions Ltd (AESL) officially acquired Rajasthan Part I Power Transmission Ltd from REC Power Development & Consultancy Ltd (RECPDCL) on January 20, 2025. AESL emerged as the winning bidder with an annual transmission charge of Rs 35,570 million, outbidding three other contenders: Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and IndiGrid….