Maharashtra drives over half of Adani Energy Solutions’ ₹29,519 crore smart-meter pipeline
Adani Energy Solutions has 24.6 million smart meters under execution, with Maharashtra contributing 13.3 million meters and ₹15,961 crore across two projects. A proposed IntelliSmart acquisition, pending CCI approval, could lift its combined portfolio to about 47 million meters.
Adani Energy Solutions has ₹29,519 crore of smart-metering projects under execution, led by Maharashtra contracts. The company has installed 13.4 million meters and awaits CCI approval to acquire IntelliSmart, which would expand its portfolio to about 47 million meters.
Why this matters
The smart-meter buildout extends Adani Energy Solutions’ recent momentum after Q1 FY27 profit rose 124% to ₹1,149 crore, supported by an 11% increase in Mumbai power sales.
Retail-company signals are accelerating, up 1,010,600% QoQ.