Edelweiss Infra-backed Sekura buys Essel’s four Power Transmission Projects for $800 million


Edelweiss Infra-backed Sekura buys Essel’s four Power Transmission Projects for $800 million

Sekura Energy Ltd, backed by Edelweiss Infrastructure Yield Plus (EIYP) fund, will acquire two operating power transmission assets from Essel Infraprojects Ltd- namely Darbhanga-Motihari Transmission Limited and NRSS XXXI (B) Transmission Limited.

Sekura is also set to acquire Warora-Kurnool Transmission Limited and NRSS XXXVI Transmission Limited, which are expected to be commissioned in FY20. The stake in the two under construction assets would be acquired post commissioning, according to a statement from Edelweiss. Read more

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