Adani Energy Solutions’ IntelliSmart deal seen a costly but timely bet

Adani Energy Solutions has acquired IntelliSmart Infrastructure for ₹3,050 crore. This move aims to accelerate Adani’s expansion in the smart meter market. The government plans to replace 250 million conventional meters. IntelliSmart has shown rapid growth in revenue and profits. This acquisition is a strategic step for long-term growth potential.

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