CCI approves Adani acquisition of Intellismart
The Competition Commission of India (CCI) has approved Adani’s acquisition of IntelliSmart Infrastructure, paving the way for the creation of India’s largest smart meter firm, an official statement said Friday. The fair-trade watchdog gave a go ahead to Adani Energy Solutions for acquiring 100% of IntelliSmart Infrastructure from the National Investment and Infrastructure Fund (NIIF) and state-run Energy Efficiency Services Limited (EESL).
