The Competition Commission of India (CCI) announced on 31 October 2026 that it has approved the acquisition of 100% of the equity share capital of IntelliSmart Infrastructure Private Limited by Adani Energy Solutions Limited. The shares will be acquired from the National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). Both companies operate in the deployment of advanced metering infrastructure for electricity in India, with the target company also deploying smart gas meters. The release does not say when the acquisition takes effect.
Key points
- Adani Energy Solutions Ltd will acquire 100% equity of IntelliSmart Infrastructure
- Sellers include National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL)
- Both companies focus on advanced metering infrastructure for electricity in India
- IntelliSmart Infrastructure also deploys smart gas meters in India
When it applies
The document does not state when it takes effect.
Who it affects
- corporate entities