Adani Transmission has signed a share purchase agreement with PFC Consulting on 18 January 2022 for acquisition of its entire stake in Karur Transmission.
The project comprises of establishing 2x500 MVA, 400/230 kV Karur Pooling Station at Tamil Nadu and Loop In Loop Out (LILO) of Pugalur - Pugalur (HVDC) line. The Company's execution of the project will help evacuate renewable energy from the Karur-Tiruppur region and the estimated capex will be more than Rs. 200 crore.
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