September 28, 2026
Business

EESL looks to sell IntelliSmart for $723 mn as debt piles up, Deloitte to advise(Soban News)

The proposed transaction would rank among the largest deals in India’s fast-growing smart metering sector and highlights the financial stress at EESL, even as IntelliSmart plays a key role in the country’s $30-billion programme to replace 250 million conventional electricity meters with smart ones.

​The proposed transaction would rank among the largest deals in India’s fast-growing smart metering sector and highlights the financial stress at EESL, even as IntelliSmart plays a key role in the country’s $30-billion programme to replace 250 million conventional electricity meters with smart ones. by Soban News (international And National News)

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