Adani Transmission acquires Alipurduar Transmission for Rs 1,300 Cr

Private sector power transmission company Adani Transmission Ltd (ATL) has acquired 49% stake in Alipurduar Transmission Limited from Kalpataru Power Transmission Ltd. (KPTL) with agreement to acquire balance 51% after obtaining requisite regulatory and other approvals and in a manner consistent with Transmission Service Agreement. The share acquisition is pursuant to definitive agreements signed in July 2020.

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