Global funds, Adani, GMR, others in race for NIIF's smart meter business
Published on: April 15, 2026, 12:33 a.m. | Source: The Economic Times
Global infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The company, owned by NIIF and EESL, is expected to be valued at $400 million. This sale aligns with India's ambitious smart meter rollout under the Revamped Distribution Sector Scheme.
