Four takers for Essel’s transmission business

June 30, 2018

Tata Power Limited, Sterlite Power Transmission Limited, CLP India Private Limited and Edelweiss Financial Services have emerged as the top bidders for acquiring $1 billion worth of Essel Infraprojects Limited’s power transmission projects. Essel Infraprojects has shortlisted the four firms for further negotiations. Essel is separately in talks with the Greenko Group for the sale of its solar business for another $1 billion.