Feb 13, 2017
Ahmedabad, February 13, 2017: Adani Transmission Ltd, part of the Adani Group, today reported its results for the third Quarter ended December 31, 2016.
(Clarification note: All Figures are in accordance with the applicable Ind-AS)
Adani Transmission Ltd. is the largest power transmission company operating in the private sector in India and owns, operate and maintain around 5,450 Ckt Kms of transmission lines ranging from 400 KV to 765 KV, with a total transformation capacity of more than 12,000 MVA. ATL has six fully operational Transmission Systems that primarily serve the Northern and Western regions of India and is also constructing additional projects of around 1900 Ckt Kms in Rajasthan, Chhattisgarh, Madhya Pradesh, Maharashtra, Jharkhand & Bihar, which were awarded through Tariff Based Competitive Bidding process. In addition, we have received CCI Approval for 100% acquisition of R-Infra’s WRSSS OPERATIONAL TRANSMISSION ASSETS of approximate 3100 Ckt Kms.
Speaking on the financial performance of the company Mr Gautam Adani, Chairman Adani Group, said, “Adani Transmission continues to pursue the organic as well as inorganic growth opportunities. We have a strong & seamless integration of processes, people & technology which has laid a strong foundation for us to create the value for our stakeholders.”
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