Business
LG Energy Solution (AESL) has agreed to acquire 100% of IntelliSmart Infrastructure Private Limited for ₹3,050 crore, making it India's largest smart metering platform with over 4.7 crore meters. IntelliSmart Infrastructure Private Limited, a joint…
Impact: IntelliSmart Infrastructure Private Limited is being acquired by LG Energy Solution for ₹3,050 crore. This transaction marks a significant milestone for the company, reflecting its growth into a leading smart metering platform and providing an exit for its current owners, National Investment and Infrastructure Fund and Energy Efficiency Services Limited.
Jun 09, 2026 · 8 articles