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Adani Transmission was founded by Gautam Adani in December 2015 after separating the decade-old transmission business from Adani Enterprises. [5] At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the Mundra Thermal Power Station, connecting Mundra–Dehgam, Mundra–Mohindergarh and Tirora–Warora.
The contractors on this project include (a) Kalpataru Power Transmission limited of India (b) NARI Group Corporation, of China and (c) Sieyuan Electric Company and China. The cost of this project is valued at US$94.7 million (KSh9.5 billion).
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Bharti Airtel, Tech Mahindra, Hi Tos Linear Agency Pvt Ltd, Weismann Ltd, TATA, Mahindra, Godrej, Kirloskar, Ashok Leyland, TVS, and Bajaj Auto, Tech Mahindra, L&T, Kalpataru Power Transmission Ltd are some major Indian companies operating in the country. Dhunseri Petrochem & Tea Ltd (DPTL) invested in tea estates in Malawi in 2012. [2]
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The section between Singida and Babati was contracted to Kalpataru Power Transmission Limited of India. The Babati to Arusha section was contracted to Bouygues Energies & Services of France. The Namanga to Arusha section was contracted to Energoinvest DD Sarajevo of Bosnia.
Mr. Ranjit Singh (Executive Managing Director, Kalpataru Power Transmission Ltd., Noida), Dr. Shalini Lal (Founder Infinity OD, New Delhi), Mr. Lalit Kumar Shantaram Naik (Director, Noveltech Feeds Private Ltd., Mumbai), Mr. Vijay Gambhire (Managing Director & Chief Executive Officer, CEAT Specialty Tyres Ltd.) and
In March 2021, IndiGrid InvIT acquired NER-II Transmission Ltd from Sterlite Power at an enterprise value of Rs 4,625 crore. This is the largest single asset deal in the Indian Transmission sector. With this acquisition, IndiGrid's AUM (Asset Under Management) increased 34 per cent to Rs 20,000 crore.
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