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