Adani Transmission’s arm seeks licence to expand power distribution in parts of Mumbai

28 Nov 2022 Evaluate

Adani Transmission’s subsidiary -- Adani Electricity Navi Mumbai (AENM) has sought licence for expanding its power distribution business into more areas of Mumbai, including the country's largest container port JNPT.

The company is aiming to get licence to distribute power in areas exclusively served by the state-owned Mahadiscom in Mumbai's suburbs Mulund and Bhandup, and also Thane district, Navi Mumbai, Panvel, Kharghar, Taloja and Uran. The group, whose assets include the Adani Ports business, is also vying to distribute power to the country's largest container port JNPT located near Navi Mumbai. The Adani group will serve over 5 lakh consumers by the end of five years from grant of licence. Adani Transmission owns over 99 per cent equity in AENM.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.


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