Adani Energy Solutions acquires KPS III HVDC Transmission Ltd to boost renewable energy evacuation

Economic Times
Economic Times
2h ago • 1 views
Adani Energy Solutions acquired KPS III HVDC Transmission Ltd to support renewable energy evacuation from the Khavda park, facilitating 2.5 GW capacity.
Adani Energy Solutions acquires KPS III HVDC Transmission Ltd to boost renewable energy evacuation
A What happened
On December 12, 2025, Adani Energy Solutions Ltd acquired KPS III HVDC Transmission Ltd by purchasing 100% equity shares from PFC Consulting. This acquisition supports AESL's growth strategy by developing infrastructure to evacuate 2.5 GW of renewable energy under the Phase-V plan of the Khavda renewable energy park. This expansion will contribute to enabling evacuation of up to 8 GW renewable power in total. The deal was executed at a face value of Rs 10 per equity share with KPS III's authorized and paid-up capital being Rs 1 lakh.
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Key insights

  • 1

    Strategic expansion of renewable infrastructure: The acquisition indicates AESL's focus on strengthening transmission assets critical for supporting large-scale renewable energy integration, a key step as India expands its renewable capacity.

  • 2

    Increasing shareholder value through infrastructure growth: AESL employs acquisitions of existing transmission companies as part of a broader strategy to drive both organic growth and inorganic expansion, reflecting sector consolidation trends.

Takeaways

The acquisition of KPS III HVDC Transmission Ltd enhances AESL's capacity to support renewable energy evacuation, positioning it strategically in the growing clean energy infrastructure sector in India.

Topics

Climate & Environment Energy Business & Markets Strategy