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Adani Energy to buy IntelliSmart for ₹3,050 crore
Adani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its position as India's largest smart metering platform with over 47 million meters. This strategic move aligns with India's ambitious plan to replace 250 million conventional electricity meters with smart meters to modernize the power distribution ecosystem and reduce losses.
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economictimes.indiatimes.com
Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platform
Adani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's largest smart metering platform with over…
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thehindubusinessline.com
Adani Energy Solutions to acquire IntelliSmart for ₹3050 cr; to become India’s largest smart-metering entity
