Gautam Adani's Adani Energy Solutions wins Rs.4,700 crore transmission project in Maharashtra | shares rise
New Delhi, Aug. 26 -- Gautam Adani-owned Adani Energy Solutions shares saw strong buying interest after news broke that an Adani Group company had won a transmission project in Maharashtra. The Adani Group company informed the Indian stock market exchanges about the development on Wednesday and said that the net worth of the project is Rs.4,700 crore, to facilitate the evacuation of up to 4.5 GW of pumped storage potential in Maharashtra and to strengthen the inter-regional transmission corridor between the Western and Southern grids. It includes the establishment of a 765/400 KV substation at Satara, the Kolhapur-Satara 765 kV double-circuit transmission line, and the augmentation of the Kolhapur pooling station, along with associated tr...
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