Adani Transmission acquires Obra-C Badaun Transmission
Adani Transmission has acquired 100% equity share Capital of Obra-C Badaun Transmission Limited (OCBTL) from PFC Consulting Limited (PFCCL). PFC Consulting is a wholly owned subsidiary of Power Finance Corporation Limited. In a regulatory filing to BSE Adani Transmission informed, “it has acquired 100% equity share capital of Obra-C Badaun Transmission Limited (OCBTL) from PFC Consulting Limited (PFCCL).”
OCBTL was incorporated by PFCCL to build, own, operate and maintain the transmission project in the State of Uttar Pradesh. The project Obra-C Badaun Transmission Limited has approximately 625 ckt kms of line at voltage levels of 765 kV and 400 kV. This project is primarily being constructed to establish transmission system for evacuation of power from 2X660MW Obra-C Thermal Power Project with associated transmission lines. This project has been awarded to the Company through Tariff Based Competitive Bidding Process.
@EPC World Media