Tuesday, May 12, 2026

EESL looks to sell IntelliSmart for $723 mn as debt piles up, Deloitte to advise

“One is CESL, it is profitable and there is Intellismart, which we plan to sell. Other than that, we have not put capex in any other JV. There is one JV in the UK, Edina. And they are also now doing good. They are specialists in BESS and trigeneration, so we will use their credentials when we are bidding for BESS or trigeneration here in India,” Dixit said.

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