Adani Transmission plans capital expenditure of Rs 45 billion in 2021-22

Adani Transmission Limitedplansto invest an aggregate of Rs 45 billion in its electricity transmission and distribution business in Mumbai in 2021-22.

The company has planned Rs 30 billion investment in its transmission business and Rs 15,000 million investment in the electricity distribution business as a part of its expansion plan. The company has added 2,536 circuit km to its power transmission network in 2020-21. The company’s consolidated total revenue stood at Rs 14,346.6 million and its net loss stood at Rs 212.1 million in 2020-21.