Essar Transco
About Essar Transco
Essar Transco is an Energy & Utilities company based in Mumbai (India) founded in 2022, and was acquired by Adani Energy Solutions in May 2024. Electricity distribution services are provided in Mumbai, India. Its focus areas include Energy, Utilities, Utility Supplier and Electricity.
Company details
Essar Transco was established in 2022 as a provider of electricity distribution services. Operations are centered in Mumbai, India, within the energy sector. Core activities involve the management and delivery of power to end-users through established infrastructure. Leadership is provided by Managing Director Rakesh Kankanala. The company focuses on reliable electricity supply across its operational geography, supporting regional power needs.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsEnergy & Utilities
- Acquired by Adani Energy Solutions (May 2024)
- Investors
- Acquired byAdani Energy Solutions
(May 2024)
Investors in Essar Transco
Essar Transco has secured backing from 1 investor. Prominent investors backing the company include Adani Energy Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Power transmission operations are conducted across Indian regions. | 2013 | adanienergysolutions.com | Ahmedabad, India |
Investor details for Essar Transco
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People of Essar Transco
1 people are tracked at Essar Transco (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rakesh Kankanala | Managing Director | Leadership |
Complete people profiles for Essar Transco
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- Full employee list
- Team structure
- Board tenure
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Timeline of Essar Transco
2 dated milestones of Essar Transco across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Essar Transco is founded.
- Exit Acquired by Adani Energy Solutions.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Essar Transco (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Essar Transco
Essar Transco was founded in 2022.
Essar Transco is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Essar Transco was established in 2022 as a provider of electricity distribution services. Operations are centered in Mumbai, India, within the energy sector. Core activities involve the management and delivery of power to end-users through established infrastructure. Leadership is provided by Managing Director Rakesh Kankanala. The company focuses on reliable electricity supply across its operational geography, supporting regional power needs.
Essar Transco has 1 investor. Key investors include Adani Energy Solutions.
Yes. Essar Transco was acquired by Adani Energy Solutions in May 2024.