CCI seeks more info on Adani's IntelliSmart deal

Nifty23, 140.5077.41. Motilal Oswal Midcap Fund Direct-Growth.

Key points

• New Delhi: The Competition Commission of India (CCI) has sought more information from Adani Energy Solutions on its proposed ₹3, 050-crore acquisition of IntelliSmart Infrastructure.
• Adani Energy Solutions has proposed an acquisition of IntelliSmart Infrastructure for ₹3, 050 crore.
• The Economic Times daily newspaper is available online now.

What happened

Nifty23, 140.5077.41. Motilal Oswal Midcap Fund Direct-Growth. The Economic Times daily newspaper is available online now. CCI seeks more info on Adani Energy's IntelliSmart accord. CCI seeks more info on Adani Energy's IntelliSmart accord. ET BureauLast Updated: Sep 26, 2026, 12: 51: 00 AM IST.

Adani Energy Solutions has proposed an acquisition of IntelliSmart Infrastructure for ₹3, 050 crore. The Competition Commission of India has deemed the combination's status as information incomplete after two months. The acquisition intends to establish Adani Energy Solutions as India's leading smart metering platform. IntelliSmart is among the top players in smart metering, providing over 2.2 crore smart meters throughout a number of states.

New Delhi: The Competition Commission of India (CCI) has sought more information from Adani Energy Solutions on its proposed ₹3, 050-crore acquisition of IntelliSmart Infrastructure. The regulator's website indicated the combination's status as "information incomplete" on Thursday evening, two months after the parties filed their notice on July 27. In an official note announcing the acquisition, Adani Energy Solutions Ltd (AESL) remarked it was "on track to become India's largest smart metering platform" with a total portfolio of more than 4.7 crore (47 million) smart meters. IntelliSmart is among the top three players in India's smart metering segment, with more than 2.2 crore (22 million) meters throughout five states, it stated. IntelliSmart is a joint venture between state-controlled National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Ltd (EESL). AESL signed an agreement on June 9 to acquire the firm outright, with completion subject to antitrust approval and indicatively anticipated within 180 days.

The bottom line

In short, CCI seeks more info on Adani' s IntelliSmart deal is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.