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Adani Signs Share Purchase Agreement for Pugalur-Pugalur (HVDC) Line

Adani Transmission has signed share purchase agreement with PFC Consulting 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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