ADANI ENERGY SOLUTIONS ACQUIRES VIZAG POWER TRANSMISSION FOR ₹5 LAKH

ADANI ENERGY SOLUTIONS ACQUIRES VIZAG POWER TRANSMISSION FOR ₹5 LAKH $ADANIENSOL • 🤝 Acquired 100% equity stake in Vizag Power Transmission Ltd (VPTL) from REC Power Development and Consultancy. • ⚡️ VPTL will facilitate power evacuation and supply for proposed Green Hydrogen/Green Ammonia projects in Vizag. • 🏭 Projects are expected to cater to power demand of around 4,500 MW. • 💰 Acquisition completed for ₹5 lakh, with shares acquired at face value of ₹10 each. • 🌱 Strengthens AESL’s transmission presence and supports emerging green energy infrastructure opportunities. 🟢 Impact: Positive — strategic transmission project linked to large-scale green hydrogen/ammonia demand.