NEW DELHI: Adani Energy Solutions (AESL) has inked a securities purchase agreement to acquire a 100% equity stake in IntelliSmart Infrastructure for Rs 3,050 crore. IntelliSmart Infrastructure is a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services (EESL).

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…

Adani Energy Solutions acquires IntelliSmart for ₹3050 crore, becoming India's largest smart metering entity with over 4.7 crore meters.

Adani Energy Solutions Limited (AESL) will acquire Intellismart Infrastructure Pvt

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…