Adani Energy Solutions Ltd. (AESL) has announced the acquisition of IntelliSmart Infrastructure Pvt. Ltd. for ₹3,050 crore, marking a significant step in strengthening its presence in India’s rapidly growing smart metering sector.
IntelliSmart is one of India’s leading smart metering and digital utility solutions providers. The acquisition is expected to enhance Adani Energy’s capabilities in deploying advanced metering infrastructure and supporting the country’s power distribution modernization efforts.
The move aligns with the government’s push for digital transformation in the power sector through smart meters, improved billing efficiency, and reduced distribution losses. Industry experts believe the deal could accelerate the adoption of smart energy solutions across India.
Key Highlights
- Adani Energy Solutions to acquire IntelliSmart for ₹3,050 crore.
- Strengthens Adani’s position in the smart metering business.
- Supports India’s digital power infrastructure goals.
- Expected to boost efficiency in power distribution and billing systems.
MSME Times View:
The acquisition reflects growing investments in technology-driven infrastructure and highlights the increasing importance of digital solutions in India’s energy sector.
