Adani Energy Solutions seeks a $600M credit facility for smart meter projects in India and abroad.

Adani Energy Solutions Ltd., a subsidiary of Adani Group, is in talks with global banks to secure a $600M credit facility for smart meter projects related to electricity supply in India and abroad. The company secured $276M worth of smart meter installation orders in Q4 and aims to contribute to India's goal of deploying 250M smart meters nationwide. Adani Group has been regaining investor confidence since early last year.

March 28, 2024
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