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