Stories
Adani Energy Solutions Acquires Satara Power Transmission SPV
N
News18•07-10-2026, 16:45
Adani Energy Solutions Acquires Satara Power Transmission SPV
- •PFC Consulting transferred Satara Power Transmission to Adani Energy Solutions following a successful bidding process
- •The project SPV was established to develop a transmission system supporting up to 4500 MW of pumped storage potential near Satara
- •PFC Consulting received a consideration of Rs 19,01,24,505 under the Share Purchase Agreement
- •The acquisition aligns with Adani Energy Solutions strategy to enhance shareholder value through organic and inorganic growth
- •The Satara Power Transmission project will facilitate renewable energy evacuation across Karnataka and Maharashtra load centres
Key Questions Answered
Adani Energy Solutions acquired Satara Power Transmission Ltd after emerging as the successful bidder.
PFC Consulting received a consideration of Rs 19,01,24,505 for the special purpose vehicle under the Share Purchase Agreement.
The project is planned to facilitate an inter-regional corridor and enable the evacuation of renewable energy power in Karnataka towards load centres and pumped storage projects in Satara, Pune, and MMR areas.
