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Adani Energy solutions’ subsidiary to form joint-venture with UAE-based EHL
![IndiaTimes]()
Wednesday, 27 December 2023
Adani Transmission Step-Four Limited (ATSFL) will sign a joint venture partnership with UAE-based Esyasoft holdings (EHL) to implement smart metering projects. ATSFL will hold 49% stake and EHL will hold 51% stake. India’s smart metering business market size is expected to cater to about 25 crore premises. The joint venture will enable licensing by EHL to intellectual property rights (IPRs) of software products/solutions. AESL has an order book of about 2 crore smart meters from discoms.
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Wednesday, 27 December 2023
