Signs binding agreement with R-Infra
Adani Transmission has signed a binding SPA to acquire the Mumbai generation, transmission and distribution business. Adani Transmission has valued the business at a total consideration of Rs 12,101 crore. In addition, the Regulatory Assets approved to the extent of Rs 1150 crore for the period 01 April 2018 to 31 March 2019 will be to the account of the seller.Powered by Capital Market - Live News
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