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Adani Transmission acquires ₹1,200 crore bid in Madhya Pradesh power project

Adani Transmission acquires ₹1,200 crore bid in Madhya Pradesh power project

Business, Latest News, Madhya Pradesh
Adani Transmission is India's largest private sector power transmission company. It is part of the diversified Adani Group, headquartered in Ahmedabad. Adani Transmission acquires ₹1,200 crore bid in Madhya Pradesh power project (Credit: BS) The Ganga Times, Ahmedabad: Adani Transmission Ltd (ATL) will be pumping a whopping ₹1,200 crore in MP Power Transmission Package-II Limited, incorporated by REC Power Development and Consultancy Ltd. ATL has received the Letter of Intent (LoI) on September 14 for the acquiring the Madhya Pradesh project after it came out victorious in the tariff-based competitive bidding (TBCB) process For the next 35 years, ATL — India's largest private sector power transmission company, will build, own, operate and maintain the transmission project in the ...