Changes for page Adani Transmission Ltd
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... ... @@ -6,7 +6,7 @@ 6 6 7 7 The Adani Group’s journey in the transmission sector started in 2006, well before Adani Transmission Limited (ATL, NSE:ADANITRANS) was formally established. This was necessitated by need to evacuate power from Adani’s Mundra thermal power plant. The dedicated lines, commissioned for evacuation of power spanned more than 3800 ckms connecting Mundra – Dehgam, Mundra – Mohindergarh and Tirora – Warora.{{footnote}}https://www.adanitransmission.com/about-us{{/footnote}} 8 8 9 -Another line spanning more than 1200 KMwas commissioned in 2014 for evacuation of power from Adani’s Tiroda power plant. Subsequently, in 2015, looking at the enormous business potential in transmission sector, Adani Transmission Limited (ATL) was carved out of Adani Enterprises Limited (AEL) for a focused pursuit of opportunities in transmission sector. ATL has also tapped various inorganic avenues for growth and acquired GMR’s transmission assets in Rajasthan (2016), Reliance Infrastructure’s transmission assets in Gujarat, Madhya Pradesh and Maharashtra (2017) and KEC’s Bikaner Sikar transmission asset in Rajasthan (2019)9 +Another line spanning more than 1200 kms was commissioned in 2014 for evacuation of power from Adani’s Tiroda power plant. Subsequently, in 2015, looking at the enormous business potential in transmission sector, Adani Transmission Limited (ATL) was carved out of Adani Enterprises Limited (AEL) for a focused pursuit of opportunities in transmission sector. ATL has also tapped various inorganic avenues for growth and acquired GMR’s transmission assets in Rajasthan (2016), Reliance Infrastructure’s transmission assets in Gujarat, Madhya Pradesh and Maharashtra (2017) and KEC’s Bikaner Sikar transmission asset in Rajasthan (2019) 10 10 11 11 In 2018, ATL forayed into the distribution space with the acquisition of Reliance Infrastructure’s Power Generation, Transmission & Distribution Business in Mumbai. Today, Adani Electricity Mumbai Limited (AEML) caters to electricity needs of over 3 million customers in Mumbai suburbs and Mira-Bhayender Municipal Corporation in Thane district with a distribution network spanning over 400 sq. kms. 12 12