Adani Energy Solution's Strategic Partnership For Smart Metering Projects

In a significant move towards advancing smart metering projects both in India and on a global scale, Adani Energy Solutions Ltd's wholly owned subsidiary, Adani Transmission Step-Four, has joined forces with Esyasoft Holdings from the UAE. The Adani Group company will hold 49% stake in the joint venture, while Esyasoft will own 51%. Both entities will have an equal representation on the board of directors, according to an exchange filing.