Adani Transmission Ltd

Summary

Adani Transmission Limited (ATL) headquartered at Ahmedabad in Gujarat, India, is one of the largest private sector power transmission companies in India with a presence across the western and northern regions of India. Adani Transmission Limited (ATL) was incorporated on 9 December, 2013 to carry on the business of establishing, commissioning, setting up, operating and maintaining electric power transmission systems. The company received certificate for commencement of business on 17 December 2013. The Company had 15 subsidiaries as on 31st March 2018. The company deals in business of purchase, sale, supply, import, distribute, export, or transfer / exchange and to deal as trader, agent, broker, representative or otherwise deal in all forms of electricity and in other forms of energy from any source whatsoever, both conventional and non-conventional and any other commodities, products, goods etc.The High Court of Gujarat vide its Order dated 7 May 2015 sanctioned the Composite Scheme of Arrangement between Adani Enterprises Limited (AEL), Adani Ports and Special Economic Zone Limited (APSEZ), Adani Power Limited (APL), Adani Transmission Limited (ATL) and Adani Mining Private Limited (AMPL) and their respective shareholders and creditors. The Scheme, with effect from 1 April 2015, inter alia, provided for Demerger of the Transmission Undertaking of AEL comprising the undertaking, businesses, activities, operations, assets (moveable and immoveable) and liabilities pertaining... Read More