Adani Energy Arm to Form JV with Esyasoft for Smart Metering Biz
Mumbai: Adani Energy Solutions on Wednesday said its arm Adani Transmission Step-Four (ATSFL) will form a joint venture with the UAE-based Esyasoft Holdings (EHL) to implement smart metering projects in India and globally.
In a regulatory filing, the company said, ATSFL and EHL will hold a 49% and 51% shareholding respectively in the proposed joint venture, with equal participation in the company’s board of directors.
