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Adani Transmission wins Rs 1,300-cr smart meter deal from Mumbai's BEST

Devices enable customers to online monitor their power consumption, says Adani about multi-year deal

Minority shareholders gain focus amid Adani-NDTV ownership battle
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Viveat Susan Pinto Mumbai
Adani Transmission, a unit of the Adani Group, said on Thursday it has won a deal to install and maintain one million smart meters for Mumbai's BEST Undertaking.

The deal value for the multi-year engagement has been pegged at nearly Rs 1,300 crore, according to sources.

"As part of the mandate, smart meters and related communication and cloud infrastructure will be installed over a period of 30 months and maintained for the following 90 months," the company said in a statement.

BEST supplies power in Mumbai, which also uses Adani Electricity, Tata Power and others for the service.

The meters