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Adani Energy Solutions Share Price in Focus; Delivers Landmark 1 Crore Smart Meters Across Discoms

Written by: Team Angel OneUpdated on: 5 Feb 2026, 5:59 pm IST
Adani Energy Solutions becomes the first company to deliver 1 crore smart meters across discoms, achieving the milestone ahead of schedule.
Adani Energy Solutions Share Price in Focus; Delivers Landmark 1 Crore Smart Meters Across Discoms
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Adani Energy Solutions Limited informed stock exchanges on February 5, 2026, about achieving a major milestone in India’s power distribution modernization by successfully delivering 1 crore electricity smart meters across distribution companies. 

Smart Metering Milestone Achieved Ahead of Schedule 

Adani Energy Solutions Limited became the first company in India, and possibly globally, to deliver 1 crore smart meters across discoms.  

The milestone was achieved well ahead of the company’s guidance of March 31, 2026. The company plans to deliver the next 1 crore smart meters in the coming financial year. 

Execution Scale and Installation Pace 

As an Advanced Metering Infrastructure Service Provider, Adani Energy Solutions has a mandate to install approximately 2.5 crore smart meters across 5 states.  

With an average installation pace of nearly 25,000 meters per day, the company currently records the highest daily installation rate in the industry. 

Role in RDSS and Power Distribution Reforms 

The milestone supports the Government of India’s Revamped Distribution Sector Scheme, which aims to replace around 25 crore conventional electricity meters with smart meters nationwide.  

Smart meters are designed to improve billing accuracy, enhance transparency, reduce aggregate technical and commercial losses, and enable better demand forecasting. 

Read More: Adani Enterprises Share Price in Focus as Subsidiary Adani Defence Form Strategic Partnership with Leonardo! 

Integrated Ecosystem Approach 

Adani Energy Solutions attributed its execution speed to an integrated ecosystem approach. The company has collaborated with group entities for smart metering software, data hosting, and infrastructure support, while partnering with leading meter manufacturers to ensure timely deliveries. Training programs for technicians have also been implemented to support large scale deployment. 

Management Commentary 

The company stated that smart meters act as enablers of real time consumption insights, grid reliability, and efficient energy management. The deployment is positioned as a key contributor to India’s digital transformation in retail electricity distribution. 

Company Overview 

Adani Energy Solutions Limited operates across power transmission, distribution, smart metering, and energy solutions. The company has a presence across multiple Indian states and serves millions of electricity consumers through its transmission and distribution networks. 

Adani Energy Solutions Share Price Performance  

As of February 05, 2026, at 11:28 AM, Adani Energy Solutions share price on NSE was trading at ₹995.80 up by 0.77% from the previous closing price. 

Conclusion 

The delivery of 1 crore smart meters marks a significant milestone in India’s power sector modernization efforts. Adani Energy Solutions continues to scale its smart metering business as part of the nationwide electricity distribution reform agenda. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 5, 2026, 12:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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