Adani invests ₹3,000 cr in smart‑meter contracts to slash Indian power theft
Adani Energy is paying ₹3,050 cr to acquire IntelliSmart, securing long‑term contracts for smart‑meter deployment under India’s massive RDSS scheme. The move gives the group a foothold in the country’s $93 bn smart‑meter rollout, turning chronic electricity theft into a revenue stream and easing losses for strained DISCOMs.