Adani Energy Solutions Limited (AESL) has successfully acquired a 100% stake in Mahan Transmission Limited (MTL) through a Share Purchase Agreement with REC Power Development and Consultancy Limited.

The acquisition aligns with AESL’s strategy to enhance shareholder value through both organic and inorganic growth opportunities. MTL will play a crucial role in evacuating 1,230 MW of power from Adani Power’s upcoming 1,600 MW expansion units at Mahan in Singrauli district, ensuring efficient transmission to the state grid.

MTL, incorporated on November 20, 2024, operates in the electric utilities sector as a transmission service provider. The acquisition was completed through a cash transaction, with shares acquired at a face value of ₹10 each.

AESL continues to expand its footprint in the energy sector, reinforcing its commitment to strengthening India’s power infrastructure.

Let’s take a look at its Factor Analysis scores: 

Factor Analysis of Adani Energy Solutions Limited (AESL)

Disclaimer

Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.

Kindly refer to  https://share.market/ for more details.

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887 and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.