Adani Energy Solutions Ltd (AESL) on Friday said it has acquired a 100 per cent stake in KPS III HVDC Transmission Ltd from PFC Consulting.

This acquisition will further AESL’s strategy to enhance value for its shareholders through organic as well as inorganic opportunities, a regulatory filing said. The company did not disclose the deal value.

The project is designed to facilitate the evacuation of 2.5 GW of renewable energy, comprising the Phase-V scheme of Khavda, which has been planned to enable evacuation of an additional 8 GW RE power from Khavda RE park.

"The company on December 12, 2025 executed a share purchase agreement (SPA) with PFC Consulting to acquire 100 per cent equity shares of KPS III HVDC Transmission Ltd (KPS III)," it said.

The authorised share capital as well as

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