BSES plans to install 5-mn smart meters at Rs 4k cr in NCR
POWER & RENEWABLE ENERGY

BSES plans to install 5-mn smart meters at Rs 4k cr in NCR

Bombay Suburban Electric Supply (BSES) Rajdhani Power Limited and BSES Yamuna Power Limited have planned to install 5 million smart meters in NCR, having a capital outlay of Rs 4,000 crore.

Officials told the media that the BSES distribution companies (discoms) released tender documents inviting applications to supply 5 million smart meters.

Around 5 million smart meters will be deployed in a single location utility anywhere in the country, including any metro city.

The top five states with smart meters are Uttar Pradesh, Bihar, Rajasthan, Haryana and Assam. These 5 million meters are expected to install in the next 2-3 years.

BSES has also planned to roll out smart applications, which will be state-of-the-art technology, digital and futuristic, maximising benefits for all stakeholders.

The promotion and adoption of smart meters is an initiative of the government under its various schemes to reform and efficiency the power sector.

The government will fund the states to implement smart metering under the National Smart Grid Mission (NSGM) and the Integrated Power Development Scheme (IPDS).

Minister of Power, R K Singh, informed the parliament that the government has been providing financial assistance under various schemes for installing smart meters.

He added that states and union territories (UTs) would be provided incentives for installing prepaid smart meters by December 2023.

Singh said that an incentive of 7.5% of the cost per consumer meter worked out for the entire project, or Rs 450 per consumer meter, would be provided for other than the Special Category States for installing prepaid smart meters by December 2023.

He added that the incentive for special category status would be at 11.25 % of the cost per consumer meter worked out for the entire project, Rs 675 per consumer meter.

For successfully executing this scheme, Northeast states, including Sikkim and the States of Himachal Pradesh and Uttarakhand and UTs of Jammu and Kashmir, Ladakh, Andaman and Nicobar Islands, and Lakshadweep will be under the Special Category States or UTs.

Image Source

Also read: EDF instals 1 lakh smart meters in first large deployment in India

Bombay Suburban Electric Supply (BSES) Rajdhani Power Limited and BSES Yamuna Power Limited have planned to install 5 million smart meters in NCR, having a capital outlay of Rs 4,000 crore. Officials told the media that the BSES distribution companies (discoms) released tender documents inviting applications to supply 5 million smart meters. Around 5 million smart meters will be deployed in a single location utility anywhere in the country, including any metro city. The top five states with smart meters are Uttar Pradesh, Bihar, Rajasthan, Haryana and Assam. These 5 million meters are expected to install in the next 2-3 years. BSES has also planned to roll out smart applications, which will be state-of-the-art technology, digital and futuristic, maximising benefits for all stakeholders. The promotion and adoption of smart meters is an initiative of the government under its various schemes to reform and efficiency the power sector. The government will fund the states to implement smart metering under the National Smart Grid Mission (NSGM) and the Integrated Power Development Scheme (IPDS). Minister of Power, R K Singh, informed the parliament that the government has been providing financial assistance under various schemes for installing smart meters. He added that states and union territories (UTs) would be provided incentives for installing prepaid smart meters by December 2023. Singh said that an incentive of 7.5% of the cost per consumer meter worked out for the entire project, or Rs 450 per consumer meter, would be provided for other than the Special Category States for installing prepaid smart meters by December 2023. He added that the incentive for special category status would be at 11.25 % of the cost per consumer meter worked out for the entire project, Rs 675 per consumer meter. For successfully executing this scheme, Northeast states, including Sikkim and the States of Himachal Pradesh and Uttarakhand and UTs of Jammu and Kashmir, Ladakh, Andaman and Nicobar Islands, and Lakshadweep will be under the Special Category States or UTs. Image Source Also read: EDF instals 1 lakh smart meters in first large deployment in India

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000