Adani Transmission turns into the next most precious Adani Group business
3 min read
Adani Transmission surpassed the other team enterprise Adani Port and Particular Economic Zone (SEZ) to become the 2nd most precious of the Gautam Adani-led Adani Group corporations.

With Rs 1.60 trillion current market capitalisation (market place-cap), Adani Transmission replaced Adani Port & SEZ, which has current market-cap of Rs 1.57 trillion, at 11:13 am the BSE details shows. Adani Eco-friendly Electrical power is the most important Adani Team firm with sector-cap of Rs 2.01 trillion, information shows.




Adani Transmission Constrained (ATL) is the transmission and distribution organization arm of the Adani Team, just one of India’s biggest business conglomerates. ATL is the country’s biggest non-public transmission company with a cumulative transmission network of all over 17,200 ckt km, out of which close to 12,350 ckt km is operational and about 4,850 ckt km is at a variety of stages of development.

ATL also operates a distribution business enterprise serving about 3 million+ shoppers in Mumbai. With India’s power necessity established to quadruple in coming years, ATL is totally geared to build a powerful and reliable ability transmission community and get the job done actively towards serving retail consumers and attaining ‘Power for All’ by 2022.

ATL shares strike a new substantial and locked in 5 for every cent higher circuit at Rs 1,455.20 on the BSE, with only purchasers had been witnessed on the counter. The inventory was buying and selling larger for the fifth straight working day and has rallied 27 for each cent in the exact period, as when compared to 3 for each cent gain in the S&P BSE Sensex. Until 11:19 am, a combined 2 million fairness shares have modified palms on the NSE and BSE, so far.

“On long term expansion, ATL very well placed to seize long term progress by various avenues. The enterprise has strong under-building pipeline really worth Rs 15,000 crore (which include Mumbai-HVDC job). It has potent advancement opportunity by TBCB (tariff based aggressive bidding) transmission projects. The acquisition, new license, franchise and general public private partnership (PPP) prospects in transmission and distribution (T&D) space,” the corporation explained in investor presentation.

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