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Adani Energy Solutions Limited (AESL) has signed a binding agreement to acquire 100% equity of IntelliSmart Infrastructure for Rs 3,050 crore. This acquisition will expand AESL's smart metering portfolio to over 4.7 crore meters, solidifying its position as a market leader. IntelliSmart, a joint venture of NIIF and EESL, currently manages 2.2 crore meters across states like UP and Gujarat. The deal aims to enhance operational efficiency and support the digitalization of India's power distribution sector through advanced technology solutions. https://odia.oneindia.com/national/adani-energy-solutions-to-acquire-intellismart-one-of-india-s-largest-smart-meter-players-124751.html #creator program
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