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Adani Energy Solutions Limited Emerges as Lowest Bidder for TNEB Smart Metering Project

Dec 05, 2024

Contract Type

contract

Abu DhabiInformation TechnologyEnergyOil And GasSoftwareRenewable EnergyEnergy ManagementUtilities

Description

Adani Energy Solutions Limited (AESL), a company within the Adani Group, has emerged as the lowest bidder for the first package of the Tamil Nadu Electricity Board's (TNEB) smart metering project. The project aims to install a total of around three crore smart meters across the state under the Union government’s Revamped Distribution Sector Scheme (RDSS), with an expected initial budgetary support of around Rs 19,000 crore.

Company Information

Company

Adani Energy Solutions Ltd

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Adani Esyasoft Smart Solutions Ltd (AESSL) is an Abu Dhabi-based company focused on developing smart solutions including smart metering software, load forecasting, revenue maximization, and other efficiency-based software products and solutions. It aims to cater to the utilities sector in India and globally.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.