Adani Electricity investing Rs 500 cr for smart meter installations in Mumbai
Adani Electricity Mumbai (AEML) on Tuesday said it is investing Rs 500 crore to install smart meters for seven lakh consumers in the financial capital by the end of 2023.
The power discom, a unit of the listed Adani Transmission NSE 2.73 %, said the 7 lakh smart meters is the first phase target and the remaining 20 lakh consumers will get smart meters by the end of FY25.
