Adani Transmission Limited
Adani Transmission Limited is an electric power transmission company headquartered in Ahmedabad, India. Currently, it is one of the largest private sector power transmission companies operating in India. Adani Transmission is established in 2015 by Gautam Adani. As of July 2020, the company operates a cumulative network of 12,200 circuit kilometres, and more than 3,200 circuit kilometres are under various stages of construction. In India with market cap of over $91.52 billion (as on August 05, 2021) comprising 6 publicly traded companies. Adani owes its success and leadership position to its core philosophy of ‘Nation Building’ driven by ‘Growth with Goodness’ – a guiding principle for sustainable growth.
ATL Vision is to be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.
ATL CSR mission is to play the role of a facilitator for the benefit of people without distinction of caste or community, sect or religion, class or creed – in the field of education, community health and promotion of social and economic welfare and upliftment of people in general.
Growth with Sustainability- they were the first power company in India to use ‘supercritical’ technology to reduce CO2 emissions, an initiative that won them the Clean Development Certification from the United Nations Framework Convention on Climate Change (UNFCCC). In addition, they operate one of the largest solar power projects in India. They are at the forefront when it comes to improving efficiency and reducing waste.
Covid-19 Response
The Adani Hospital in Mundra has been similarly upgraded into a 100% COVID hospital with an additional CT-scanner installed to diagnose COVID faster. The Adani Foundation has upgraded and converted GAIMS into a 100% COVID hospital with all its 800 beds equipped with oxygen support. For more than a year now, 24X7 availability of healthcare workers and faculty members has been ensured. An additional oxygen generation plant with the capacity of 200 oxygen cylinders per day and liquid medical oxygen tank with storage capacity of 20kL are under installation and will be functional shortly.
Their shareholding pattern consists of Promoters and Promoter Group having 74.92% of shares, Public having 1.73% shares, following by FII’s having 20.82% shares and DII’s with 2.53% shares.
