Adani Group to acquire NIIF-EESL smart-metering joint venture IntelliSmart for ₹3,050 crore

“For NIIF, this transaction marks a significant milestone in our infrastructure strategy and strengthens our commitment to building industry-leading platforms in India. As IntelliSmart enters its next phase of growth, this exit allows us to unlock value as we continue to catalyze institutional capital into India’s digital and energy transition,” said Vinod Giri, NIIF managing partner.