Adani Energy Acquires 100 Per Cent Stake in South Kalamb Transmission

06 Apr 2026 CW Team

Adani Energy Solutions has completed the acquisition of South Kalamb Power Transmission Limited through a share purchase agreement executed on 30 March 2026 and has informed stock exchanges of the transaction. The company acquired 100 per cent equity from PFC Consulting Limited at a face value of Rs 10 per share and disclosed the transaction under Regulation 30 of SEBI listing regulations. The purchase was effected as a cash transaction and the buyer assumed the entire shareholding as part of the agreed consideration.

The target company has an authorised and paid-up share capital of Rs 0.1 million (mn) each, with no historical turnover reported in filings. The annexure to the filing recorded the capital structure and the absence of past revenue, and the buyer completed the acquisition by purchasing the shares at the stated face value. Company documents did not indicate any related party involvement in the deal.

South Kalamb Power Transmission operates in the electric utilities transmission segment and the acquisition is intended to enhance evacuation capability through upgrades in the 765/400 kV transformation network and associated downstream systems. The asset is expected to ensure reliable high-capacity power supply to Mumbai and to support renewable energy integration, including readiness for a six GW ±800 kV HVDC renewable injection. The purchase is positioned to strengthen transmission resilience and facilitate higher renewable penetration on the grid.

Filings indicated that the deal does not require regulatory approvals and therefore adds a strategic infrastructure asset to Adani Energy Solutions' portfolio. The buyer described the acquisition as aligned with a strategy of pursuing both organic and inorganic growth and identified the asset as complementary to planned network upgrades and capacity expansion. The company characterised the transaction as supporting future operational readiness and long-term supply reliability.

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