Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platform

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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 4.7 crore meters. IntelliSmart currently has a portfolio of over 2.2 crore smart meters. Adani Energy Solutions already has an order book of over 2.46 crore meters.