The Adani Group is reportedly in advanced discussions to acquire IntelliSmart Infrastructure, a leading smart metering company jointly backed by the National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). The potential transaction could become one of the most significant deals in India’s rapidly expanding smart utility infrastructure sector.
IntelliSmart was established to accelerate the deployment of smart electricity meters across India and has emerged as a major player in the government’s power distribution modernisation programme. The company manages large-scale smart metering projects across several states and serves millions of consumers.
For Adani, the acquisition would complement its existing energy portfolio, which spans power generation, transmission and distribution. By adding smart metering capabilities, the group could strengthen its role in the digital transformation of India’s electricity network.
The deal comes amid strong government support for smart meters, which are designed to improve billing accuracy, reduce transmission losses, enhance energy efficiency and provide consumers with real-time electricity usage data.
Industry experts view smart metering as a critical component of India’s future power infrastructure. If completed, the acquisition would position Adani among the leading players in the country’s smart energy ecosystem while supporting the broader goal of creating a more efficient and technology-driven electricity distribution network.
