Business · 1 sources covering this

Adani Energy acquires smart metering player IntelliSmart for ₹3,050 crore

Adani Energy Solutions on Friday said it has acquired IntelliSmart Infrastructure from National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL) for Rs 3,050 crore, a move that will boost the Adani Group entity's presence in the smart metering space. The Rs 3,050-crore transaction includes the acquisition of 100 per cent equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF. IntelliSmart I…

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 1 C · 0 R

How 1 sources are covering this

Business StandardCenter·2h ago
Adani Energy acquires smart metering player IntelliSmart for ₹3,050 crore
Adani Energy Solutions on Friday said it has acquired IntelliSmart Infrastructure from National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL) for Rs 3,050 crore, a move that will boost the Adani Group entity's presence in the smart metering space. The Rs 3,050-crore transaction includes the acquisition of 100 per cent equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF. IntelliSmart I…
Read at Business Standard →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/e02d939307eec93c55948bcaf4c25bdb052d57dd"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Adani Energy acquires smart metering player IntelliSmart for ₹3,050 crore"></iframe>

Adani Energy acquires smart metering player IntelliSmart for ₹3,050 crore

How 1 sources are covering this

Adani Energy acquires smart metering player IntelliSmart for ₹3,050 crore

More from Business

Q2 Results Live: FACT Q2 Net Profit Jumps 86%, Gillette India Profit Rises 10%; Eicher Motors, Grasim Also In Focus

OMCs continue to face petrol, diesel losses despite easing crude prices: Jefferies

MCX share price hits new high, up 100% in one year; market cap nears ₹1 trn

Jensen Huang’s Nvidia exit ahead of APEC: Could the China spy controversy complicate Trump’s meeting with Xi Jinping?

Reader

Trust & legal

Across the network