Home Business RInfra completes sale of 100% shareholding, 18,800 cr to Mumbai power business...

RInfra completes sale of 100% shareholding, 18,800 cr to Mumbai power business Adani

By
Dhrumit Thakkar
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416
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(G.N.S) Dt. 30 Mumbai Reliance Infrastructure Ltd. (RInfra) has completed the sale of its 100% shareholding in integrated Mumbai power distribution business to Adani Transmission Limited (ATL) for a total transaction value of 18,800 crore. The deal was announced in December 2017 with the signing of a definitive binding agreement

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