Adani Dahanu Thermal Power Station (ADTPS) on Friday said that Adani Electricity Mumbai has entered into a business transfer agreement with its wholly owned subsidiary North Maharashtra Power Limited for carving out ADTPS by way of a slump sale on a going concern basis. Dahanu Power Plant is a 500 MW coal-fired power project located in Maharashtra.Adani Energy Solutions (AESL), formerly Adani Transmission Ltd, had this July carved out the Dahanu power plant from the company’s books. This carving out, the company had said this July, is done to honor the company's environment, social, and governance (ESG) norms. The move is expected to attract a fresh set of ESG-focused investors."This will place AESL closer to its aspiration to be amongst the top 20 global companies in ESG ratings amongst the global utility industry," the company had said on July 25. AESL had recorded an exceptional loss of Rs 1,506.02 crore on account of carving out of the Dahanu power plant from the company’s books and in line with IND AS 105, it had said in a press statement."AEML has approved the transaction for carving the said power plant to one of the related party...at a transaction price of Rs 815 crore, against the book value of Rs 2,321.02 crore and hence Rs 1506 crore has been charged in the statement of profit and loss as an exceptional item," the company had said, adding that the transaction is subject to requisite regulatory approval.AESL inherited the Dahanu Thermal Power plant as part of its acquisition of the Mumbai distribution business in 2017, from Anil Ambani-led Reliance Infrastructure.AESL's scrip ended at Rs 1013.50, down 2.21% on the BSE, Friday. Benchmark Sensex ended 0.31% lower.Dahanu power said industry sources will ultimately be merged with Adani Power.