New Delhi: Adani Energy Solutions Limited (AESL) on February 5, 2026 announced a major operational milestone, becoming the first company in India—and possibly globally—to successfully deliver 1 crore electricity smart meters across power distribution companies (discoms).
The achievement comes well ahead of the company’s earlier guidance of March 31, 2026, highlighting AESL’s execution strength in India’s fast-evolving power distribution ecosystem.
Key Highlights
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1 crore smart meters delivered in ~24 months
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AESL is installing smart meters at a pace of ~25,000 meters per day, the highest in the industry
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Mandate to install ~2.5 crore smart meters across five states
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Next 1 crore smart meters targeted in the coming financial year
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Rollout aligned with the Government of India’s Revamped Distribution Sector Scheme (RDSS)
Strategic Importance of the Milestone
As India’s leading Advanced Metering Infrastructure Service Provider (AMISP), AESL’s smart metering network is enabling:
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Real-time electricity consumption data for consumers
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Improved billing transparency and accuracy
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Reduction in Aggregate Technical & Commercial (AT&C) losses
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Enhanced grid reliability and demand forecasting
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Better integration of renewable energy sources
These benefits are critical to India’s plan to replace 25 crore conventional electricity meters with smart meters under RDSS.
Management Commentary
Kandarp Patel, CEO, Adani Energy Solutions, said the 1 crore milestone reflects benchmark execution excellence and deep collaboration with utilities and consumers.
He emphasized that smart meters act as catalysts for empowering consumers, strengthening grid operations, reducing losses, and enabling efficient energy management, reinforcing AESL’s role in India’s digital energy transition.
Execution Edge Behind AESL’s Fast Rollout
AESL’s rapid deployment has been driven by an integrated ecosystem approach, including:
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Smart metering and IoT support from Adani Esyasoft Smart Solutions
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Secure local data hosting via AdaniConneX
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Partnerships with Tier-I meter manufacturers
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Large-scale technician training through the group’s CSR initiatives
This end-to-end control over the value chain has emerged as a key execution differentiator.
Investor Perspective
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Short-term: Positive sentiment due to execution milestone
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Medium to long term: Strong growth visibility from a 24.6 million meter order book
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Smart metering business adds stable, annuity-style revenue to AESL’s portfolio
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Strengthens AESL’s positioning in power distribution modernization and digital infrastructure
Bottom Line
Adani Energy Solutions’ early delivery of 1 crore smart meters reinforces its leadership in India’s power distribution transformation. With a large order book, government policy support, and unmatched execution pace, AESL is emerging as a key enabler of India’s digital and sustainable energy future.