Edelweiss completes purchase of Indian transmission assets
Sekura Energy Ltd, a company owned by Edelweiss Infrastructure Yield Plus fund, has completed the purchase of two transmission assets owned by Essel Infraprojects - Darbhanga-Motihari Transmission Ltd and NRSS XXXI (B) Transmission Ltd.
On January 2019, Essel has entered into an agreement to acquire the two assets. The agreement also gave Edelweiss the right to acquire two other transmission assets owned by Essel - Warora-Kurnool Transmission Ltd and NRSS XXXVI Transmission Ltd, which are expected to be commissioned before the end of 2019.
The financial information about the deal was not disclosed.
Country updates
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