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Share purchase agreement inked for Pugalur-Pugalur (HVDC) line

Wednesday, 19 Jan 2022
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Adani Transmission has signed share purchase agreement with PFC Consulting on 18 January 2022 for acquisition of its entire stake in Karur Transmission.

The project comprises of establishing 2x500 MVA, 400/230 kV Karur Pooling Station at Tamil Nadu and Loop In Loop Out (LILO) of Pugalur – Pugalur (HVDC) line.

The company’s execution of the project will help evacuate renewable energy from the Karur-Tiruppur region and the estimated capex will be more than Rs 200 crore.
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