Adani Transmission to acquire Alipurduar Transmission from Kalpataru for $172m.

Adani Transmission, India’s private sector power transmission company, agreed to acquire Alipurduar Transmission, a provider of electricity transmission services, from Kalpataru for $172m. “The acquisition of Alipurduar Transmission Ltd. will bolster the pan-India presence of ATL consolidating its position as the largest private sector transmission company in India. This asset will take ATL closer to its target of setting up 20,000 ckt km of transmission lines by 2022," Anil Sardana, Adani Transmission Managing Director & CEO.