Adani Transmission to sell 25.1% stake in Adani Electricity Mumbai for Rs 3,200 crore to Qatar Investment Authority
Updated : December 11, 2019 12:52 PM IST
The total QIA investment in AEML will be approximately Rs 3,200 crore, equivalent to $450 million.
ATL and QIA have agreed on definitive plans to ensure that 30 percent of the electricity supplied by AEML is sourced from solar and wind power plants by 2023.
Adani Electricity Mumbai is a 100% subsidiary of Adani Transmission.
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