Adani Energy Solutions Ltd (AESL) has successfully acquired Mahan Transmission Limited (MTL) from REC Power Development and Consultancy Limited (RECPDCL). This strategic acquisition aims to enhance AESL’s power transmission capabilities and support its long-term growth strategy.
MTL will play a crucial role in strengthening India’s energy infrastructure by facilitating the evacuation of 1,230 MW of power from Adani Power’s upcoming 1,600 MW expansion units in Singrauli, Madhya Pradesh. This acquisition aligns with Adani Energy’s vision of expanding its transmission network and ensuring seamless power distribution across regions.
The transaction was completed on March 26, 2025, with AESL acquiring 100% equity shares of MTL at a face value of ₹10 per share. Mahan Transmission Limited, incorporated in November 2024, operates in the electric utilities sector as a transmission service provider.
This acquisition marks another milestone in Adani Energy’s commitment to strengthening India’s power sector through organic and inorganic growth opportunities. With this move, AESL continues to reinforce its leadership in energy transmission, ensuring reliable power supply while enhancing value for its stakeholders.
