Adani Supercharges India: 100% Stake Grab in Mahan Transmission Shakes Up Sector

Unknown Apr 02, 2026 950 Views

By entering a Share Purchase Agreement (SPA) with REC Power Development and Consultancy Ltd (RECPDCL) to buy 100% equity shares of Mahan Transmission Ltd (MTL), Adani Energy Solutions Ltd (AESL) has advanced greatly in India's energy industry. Valued at about ₹2,000 crore, this strategic purc...