Adani Transmission on Thursday announced that it has bagged a deal to install and maintain 10.80 lakh smart meters for BEST Undertaking. Sources pegged the deal value for the multi-year-old engagement by Adani Transmission’s distribution platform at Rs 1,300 crore.
The Brihanmumbai Electric Supply and Transport Undertaking is a state-run utility that serves consumers in the island city exclusively.
Adani Transmission’s subsidiary Adani Electricity Mumbai distributes power in the suburbs, where it competes with Tata Power. The company has also gone public with its ambitions to expand to other pockets in the state and capitalise on a liberalised policy once it is implemented.
