India’s competition regulator reportedly seeks more details on Adani Energy’s IntelliSmart deal
The Economic Times reports that the Competition Commission of India marked the proposed ₹3,050 crore acquisition’s status as “information incomplete.”
TLDR
The Economic Times reports that the Competition Commission of India is seeking more information on Adani Energy Solutions’ proposed ₹3,050 crore purchase of IntelliSmart Infrastructure. The report says the acquisition aims to make Adani Energy Solutions India’s leading smart metering platform. It describes IntelliSmart as providing over 2.2 crore smart meters across several states.
India’s competition regulator reportedly seeks more details on Adani Energy’s IntelliSmart deal
The Economic Times reports that the Competition Commission of India marked the proposed ₹3,050 crore acquisition’s status as “information incomplete.”
TLDR
The Economic Times reports that the Competition Commission of India is seeking more information on Adani Energy Solutions’ proposed ₹3,050 crore purchase of IntelliSmart Infrastructure. The report says the acquisition aims to make Adani Energy Solutions India’s leading smart metering platform. It describes IntelliSmart as providing over 2.2 crore smart meters across several states.