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Adani Energy Solutions is acquiring smart metering company Intellismart Infrastructure for ₹3,050 crore to strengthen its position in digital power infrastructure market.
The company helps electricity distributors replace traditional power meters with smart meters that can automatically track electricity usage, send readings digitally, reduce billing errors, and help utilities manage power supply more efficiently.
For consumers, this means fewer manual meter readings and more accurate billing. For power companies, it means better monitoring, lower losses, and improved collections.
Why Adani wants it: Adani is betting that India's power sector is becoming increasingly digital.
By buying Intellismart, AESL gets immediate access to a larger project pipeline, additional operational expertise, and a bigger presence in the Advanced Metering Infrastructure Service Provider (AMISP) segment.
The company also expects cost savings by combining operations and integrating Intellismart's capabilities with its existing energy infrastructure platform.
After the acquisition, Adani's cumulative installed and contracted smart meter portfolio will cross 4.7 crore meters, making it one of the largest smart metering players in the country.
Worth noting: Intellismart has been growing rapidly. Revenue surged from ₹85 crore in FY23 to ₹621 crore in FY25, showing how quickly demand for smart metering infrastructure is picking up.
