Sekura to acquire stake in Essel's power projects

Edelweiss Infrastructure Yield Plus fund-backed Sekura Energy has signed an agreement to acquire a stake in Darbhanga-Motihari Transmission and NRSS XXXI (B) Transmission. Sekura is also set to acquire Warora-Kurnool Transmission and NRSS XXXVI Transmission, which are expected to be commissioned in FY2020. The stake in the two under construction assets will reportedly be acquired post commissioning.<br /> <span style="font-weight: bold;">Contact: edelweiss alternative asset advisors. <br /> Website: www.edelweissfin.com</span> <p></p>

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