Smart Meters

EDF India on Wednesday announced a strategic joint venture (JV) with Actis, a leading global investor in sustainable infrastructure, to deploy smart metering infrastructure. This collaboration aims to operate a dedicated platform company for Advanced Metering Infrastructure Service Provider (AMISP) concessions, reinforcing EDF India's and Actis' commitment to investing in the Indian power sector, a company statement said. Under this joint venture, EDF India and Actis will bring together their global expertise in energy solutions and infrastructure investments. The Indian government is actively driving the National Smart Metering Project under the Revamped Distribution Sector Scheme (RDSS), targeting the deployment of 250 million smart meters by 2025, it said. These advanced metering solutions are designed to enhance operational efficiencies, reduce aggregate technical and commercial losses, and bolster the financial sustainability of India's power distribution companies ...

Around 73 lakh smart prepaid meters have been installed across the country till November, according to the official data which also showed 'nil' installations in 11 states and two Union Territories. As per the data shared in the Parliament on Monday, around 73 lakh smart prepaid meters have been installed till November 29 in various states under the RDSS scheme. Around 25 crore smart prepaid metres are to be installed by March 2025 under the Revamped Distribution Sector Scheme (RDSS), launched in July 2021, at an outlay of Rs 3.3 lakh crore. Around 19.79 crore smart meters have been sanctioned and 72.97 lakh devices installed in various states as on November 29, Minister of State for Power Shripad Naik said in a reply to Rajya Sabha. As per the data shared by the minister, smart meter installations were 'nil' in states like Tamil Nadu, Tripura, Rajasthan and Punjab against the sanctioned number of devices in these states at 3 crore, 5.47 lakh, 1.42 crore and 87.84 lakh, ...

GMR Power shares were locked in the 5-per cent upper circuit for a fourth straight day, up 5% at Rs 94.40. This was also the stock's new record high

Devices help electricity firms in preventing leakages and improving revenue by providing real-time data

Installation of 25 crore meters is estimated to offer Rs 2.5 trillion revenue opportunity

Polaris Smart Metering on Monday said it has secured two smart meter projects totalling Rs 5,200 crore in Uttar Pradesh. "Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) has awarded the contracts for installing over 5.1 million smart meters in the important clusters of Lucknow and Ayodhya/Devipatan, which the company plans to install over the next 27 months," Polaris Smart Metering said in a statement. As per the agreement, Polaris Smart Metering will supply, commission, install and maintain smart meters for consumers and system metering across the consumer base in these clusters for the next 10 years, it said. These smart meters will be equipped with state-of-the-art technology, enabling prepaid billing, real-time energy monitoring, accurate metering, and improved grid management capabilities. This contract comes under a Design-Build-Finance-Operate-Own-Transfer (DBFOOT) agreement. Meanwhile, Polaris has also received Letter of Awards (LOAs) from West Bengal and Manipur worth over

Recycling player Vikas Lifecare on Saturday said it has formed a Joint Venture (JV) company to set up a smart meter manufacturing unit at an investment of Rs 108 crore. Its subsidiary Genesis Gas Solutions Pvt Ltd (Genesis) has formed JV IGL Genesis Technologies Ltd with equity participation from Indraprastha Gas Ltd (IGL) in the ratio of 49:51, Vikas Lifecare said in a statement. The JV will set up a smart meter manufacturing facility at an initial investment of Rs 108 crore in Noida, Uttar Pradesh. The unit, with a capacity to manufacture 1 million smart meters annually, is being set up over an area of 65,000 sq ft, and is expected to be made operational by July this year, the company said. Orders for the manufacturing equipment have already been finalised and will be placed within this month. Vikas Lifecare recycles plastic waste to manufacture pallets and interlocking tiles for industrial applications.

Techno Electric & Engineering Company on Friday said it bagged new orders related to smart metering and transmission projects worth Rs 1,750 crore. One of the orders worth Rs 1,041 crore is for advance metering infrastructure (AMI) from RECPDCL (REC Power Development and Consultancy Limited) for 7.27 lakh smart meters in Kashmir on DBFOOT (Design-Build Finance-Own-Operate-Transfer) basis, the company said in a regulatory filing. Besides, the company also received transmission (projects) orders worth Rs 709 crore. The transmission orders include a substation package for Neemrana-ll from Sterlite worth Rs 199 crore, a substation package for establishment of 765,400 kV, 2x1500 MVA at Sikar from PGCIL worth Rs 223 crore, and a "substation package for (i) 765/400 kV Dausa and (ii) extension of 765 kV Beawar from PGCIL" worth Rs 288 crore, the filing said.

Telecom operator Bharti Airtel has entered into a strategic partnership with IntelliSmart Infrastructure to connect up to 2 crore smart meters with internet of things technology, the company said on Thursday. The project is estimated to be executed over a period of next 10 years. "This marks Airtel's foray into smart metering applications such as head end system, along with Cloud and Analytics. This is the one of the largest deals in the smart metering space in the country and will significantly contribute towards Airtel's fast-growing IoT deployment across sectors," Airtel said in a statement. The company said its proprietary platform the "Airtel IoT Hub" will help the utility track and monitor these smart meters with advanced analytics while maintaining extremely high reliability augmented with telco grade security. "IoT is one of the fastest-growing business segments for Airtel Business and, with this deal, we are now strategically positioned to play a pivotal role in driving th

In August, HPL Electric and Power won an order worth Rs 417 crore from West Bengal State Electricity Distribution Company

Genus Power Infrastructures said that there is a possibility of seeing a "consistent and noteworthy surge" in order volumes over the upcoming quarters of the financial year 2023-24

The Indian smart metering market, with a staggering 250 million metering points, is on the cusp of exponential growth

Earlier on September 3, GMR Group had received Letter of Award (LOA) worth Rs 5,123 crore for smart metering project from Purvanchal Vidyut Vitran Nigam Limited.

Genus Power anticipates a robust surge in order volumes to continue during the forthcoming quarters of fiscal year 2024.

With this, the total pending order book pipeline now stands at Rs 2,267 crore

The government on Tuesday said it has issued mandatory quality norms for smart meters and welding rods to curb the import of sub-standard goods and boost domestic manufacturing of these products. A notification in this regard was issued by the Department for Promotion of Industry and Internal Trade (DPIIT) on July 14. These items cannot be produced, sold/traded, imported and stocked unless they bear the Bureau of Indian Standards (BIS) mark, the notification stated. Now, manufacturing, storing and sale of non-BIS certified products are prohibited as per the BIS Act, 2016. Violation of the provision of the BIS Act can attract imprisonment of up to two years or a fine of at least Rs 2 lakh for the first offence. In case of second and subsequent offences, the fine will increase to a minimum of Rs 5 lakh and extend up to 10 times the value of goods or articles. "These recently notified two new QCOs for smart meters and welding rods and electrodes will come into force from six months

The companies have committed to an initial pipeline with a capital outlay of $2 billion

Tariffs during solar hours of the day will be 10-20% lower than the normal tariff, said the Ministry of Power

One of the primary goals of the BSES Smart Meter project is to deliver a more efficient and cost-effective system for its 5 million consumers

The implementation of government schemes has significantly helped the industry, and we are witnessing tangible results, said the company CEO