Adani, GMR among shortlisted bidders for $400 million IntelliSmart deal
Mumbai: India's leading smart meter platform IntelliSmart Infrastructure has entered the final leg of its sale process, with an Adani Group entity in the four-bidder shortlist for the next round of negotiations, multiple people aware of the development told ET. The proposed transaction is expected to value IntelliSmart at an equity valuation of around $400 million (₹3,700 crore). Adani Energy…
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