· Manufacturing & Investment · Source: thehindubusinessline.com

Adani Energy Solutions to acquire IntelliSmart for ₹3050 cr; to become India’s largest smart-metering entity

Adani Energy Solutions Ltd (AESL) signed a binding agreement to acquire IntelliSmart Infrastructure Pvt Ltd for ₹3,050 crore, expanding its smart meter portfolio to 4.7 crore meters across five states — making it India's largest smart metering platform. IntelliSmart, backed by NIIF and EESL, reported ₹621 crore revenue in FY25, reflecting rapid growth in India's smart grid deployment.

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