
Adani Energy Solutions Limited (AESL) has announced a strategic acquisition aimed at strengthening its transmission infrastructure capabilities and supporting future power demand.
The company has executed a Share Purchase Agreement (SPA) with PFC Consulting Limited for acquiring 100% equity shares of South Kalamb Power Transmission Limited (SKPTL).
The transaction was completed on March 30, 2026, marking full ownership of the transmission entity.
SKPTL operates in the electric utilities segment as a transmission service provider. The acquisition is aligned with AESL’s broader strategy to enhance shareholder value through both organic and inorganic growth opportunities.
The project is expected to strengthen evacuation infrastructure by upgrading the 765/400 kV transformation capacity and associated downstream network.
The upgraded infrastructure will play a critical role in ensuring reliable, high-capacity power supply to Mumbai.
It also prepares the network for integration of upcoming renewable energy flows, including a planned 6 GW +/- 800 kV HVDC renewable injection.
The acquisition has been completed through a cash transaction, with equity shares acquired at a face value of ₹10 each. Post acquisition, AESL holds 100% ownership and control of SKPTL.
The target entity has a paid-up capital of ₹1 lakh and was incorporated on September 30, 2025.
Read More: NCLAT Directs Vedanta to Implead Adani in Appeal Over Jaiprakash Associates Acquisition!
As of March 30, 2026, at 3:30 PM, Adani Energy Solutions share price is trading at ₹932.40 per share, reflecting a decline of 2.47% from the previous closing price.
The acquisition strengthens AESL’s transmission portfolio and positions it to support rising power demand and renewable integration in key regions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 1, 2026, 7:47 AM IST

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