Adani Energy Solutions completed the subsidiary of PFC consulting


Adani Energy Solutions (Adani Energy Solutions) on Thursday completed the acquisition of a complete -owned subsidiary company of PFC consulting.

According to the exchange filing, the Special Purpose Vehicle of PFC consulting of the state -owned power finance corporation to create an electric transmission system has been transferred to Adani Energy Solutions on 20 March.

According to the filing, Mundra Transmission was established for the development of transmission systems for supply of power to green hydrogen and ammonia manufacturing potential under Phase-I Part B-1 Scheme (3 GW at Navinal S/S) in Mundra region of Gujarat. The company has made a payment of Rs 18,65,10,477 as per the share purchase sale or disposal agreement.

The shares of Adani Energy Solutions rose by 0.15% to close at Rs 815.10/ shares, while the benchmark NSE Nifty gained 1.24% on the Nifty 50. It has fallen by 19.41% in the last 12 months. According to Bloomberg data, seven analysts, who monitors the company, have given the stock a ‘BUY’ rating.


(Tagstotranslate) Adani Group (T) Adani Energy Solutions (T) PFC Consulting (T) Mundra Transmission (T) Adani Group (T) Adani Group (T) Adani Energy Solutions (T) PFC Consulting (T) Mundra Transmission
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