As the Adani group of companies continues to expand its business in different sectors, Adani Energy Solutions is now seeking help from rival company Bharti Airtel to set up smart meters and power them.
Telecom company Bharti Airtel on Tuesday announced that Airtel Business, the B2B arm of the Bharti Airtel Group, will power at least 20 million smart meters of Adani Energy Solutions Limited (AESL).
Airtel said in a press release that it will provide reliable and secure connections for all AESL smart meter deployments through its nationwide communications network. The meters were installed to simplify the company’s communications.
In addition to this, Airtel’s smart meter solution, powered by NB-IoT (Narrow Band IoT), 4G and 2G, will help AESL ensure instant connectivity and uninterrupted connectivity of critical data between smart meters and head-end applications transmission.
“The solution will also be equipped with Airtel’s IoT platform – ‘Airtel IoT Hub’, which in addition to providing real-time insights and services, also supports smart meter tracking and monitoring, and has advanced analysis and diagnostic capabilities to enable customers to Able to enhance control over energy consumption,” the press release said.
Power companies in several states including Assam, Andhra Pradesh, Bihar and Maharashtra have ordered over 20 million smart meters from Adani Energy Solutions to streamline and record consumption in various regions. power.
Big win for Adani Group of Companies
India’s Supreme Court handed down a major verdict in favor of the Adani Group earlier this month, rejecting calls for further investigation into the group over the Hindenburg study.
A Supreme Court judge said there is no need for an SIT probe or probe by other agencies in the pending case against billionaire Gautam Adani’s company, asserting that market regulator SEBI’s probe in the case is substantive .
After the verdict was announced, the share prices of many Adani Group companies rose sharply, by about 18%. Gautam Adani also overtook Reliance boss Mukesh Ambani to regain the title of Asia’s richest man.
(Inputs from PTI)
