Adani Energy Solution shares end 2% higher after acquiring Vizag Power Transmission

Adani Energy Solutions shares gained 2% after the company acquired Vizag Power Transmission from REC Power Development and Consultancy. The acquisition is aimed at facilitating power integration for proposed green hydrogen and green ammonia projects in Vizag. The development follows AESL’s win of an approximately Rs 8,500 crore transmission project in Andhra Pradesh.