Centre works on Rs 1.5 lakh cr plan to implement smart metering
POWER & RENEWABLE ENERGY

Centre works on Rs 1.5 lakh cr plan to implement smart metering

The government is working to successfully spend the overall outlay of Rs 1.5 lakh crore for the implementation of smart metering projects across the country.

According to Atul Bali, Chief General Manager of the Ministry of Power's National Smart Grid Mission, the government is moving forward with the Revamped Distribution Reforms scheme, which has a total budget of Rs 3 lakh crore, with smart metering accounting for a significant portion of that budget at Rs 1.5 lakh crore.

At the second edition of the ETEnergyworld Smart Metering Summit, he participated in a Panel Discussion on Smart Metering as a Cornerstone for Power Reforms.

He also mentioned that the government plans to install 25 million smart metres by the end of 2025, with a primary goal of 10 million metres installed by December 2023.

As per Bali, Advanced Metering Infrastructure (AMI) is one of the top five smart grid technologies, and smart metering will be a key intervention for smart grids shortly.

He also said that in addition to revenue maximisation, smart metering will aid in improving reliability, lowering O&M costs, and integrating renewable energy.

The summit brought together experts from all corners of the smart metering industry.

Saurabh Kumar, Executive Vice Chairman of Energy Efficiency Services Limited (EESL), R P Singh, Chairman of the Uttar Pradesh Electricity Regulatory Commission (UPERC), R Lakshmanan, Chief Executive Officer of REC Power Development and Consultancy, Sanjay Banga, President of Tata Power's T&D, and Shashank Anand, Managing Director of Uttar Haryana Bijli Vitran Nigam were among the speakers at the summit.

Image Source


Also read: Tata Power-DDL, Siemens to install over 2 lakh smart metres in Delhi

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

The government is working to successfully spend the overall outlay of Rs 1.5 lakh crore for the implementation of smart metering projects across the country. According to Atul Bali, Chief General Manager of the Ministry of Power's National Smart Grid Mission, the government is moving forward with the Revamped Distribution Reforms scheme, which has a total budget of Rs 3 lakh crore, with smart metering accounting for a significant portion of that budget at Rs 1.5 lakh crore. At the second edition of the ETEnergyworld Smart Metering Summit, he participated in a Panel Discussion on Smart Metering as a Cornerstone for Power Reforms. He also mentioned that the government plans to install 25 million smart metres by the end of 2025, with a primary goal of 10 million metres installed by December 2023. As per Bali, Advanced Metering Infrastructure (AMI) is one of the top five smart grid technologies, and smart metering will be a key intervention for smart grids shortly. He also said that in addition to revenue maximisation, smart metering will aid in improving reliability, lowering O&M costs, and integrating renewable energy. The summit brought together experts from all corners of the smart metering industry. Saurabh Kumar, Executive Vice Chairman of Energy Efficiency Services Limited (EESL), R P Singh, Chairman of the Uttar Pradesh Electricity Regulatory Commission (UPERC), R Lakshmanan, Chief Executive Officer of REC Power Development and Consultancy, Sanjay Banga, President of Tata Power's T&D, and Shashank Anand, Managing Director of Uttar Haryana Bijli Vitran Nigam were among the speakers at the summit. Image SourceAlso read: Tata Power-DDL, Siemens to install over 2 lakh smart metres in Delhi Also read: EDF instals 1 lakh smart meters in first large deployment in India

Next Story
Real Estate

Pune Records 11% Drop in Property Registrations in Nov

Property registrations in Pune saw a decline of 11 percent year-on-year in November, totaling 13,371 units, despite robust demand, according to a report by Knight Frank India. The real estate consultancy revealed that the total registrations in November 2024 generated a revenue of Rs 475 crore for the state. This marked a fall from last year's figure of 14,988 units in the same month. Compared to October 2024, when 20,894 units were registered, November’s figures represent a 36 percent decrease. Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated that Pune’s proper..

Next Story
Infrastructure Energy

Oriana Power Signs MoU with Rajasthan in Clean Energy

Oriana Power, a publicly-listed company on the NSE, announced on Monday that it has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to invest Rs 10,000 crore in a series of clean energy projects. The projects will focus on solar energy, floating solar, green hydrogen, and energy storage solutions. The agreement was finalized in Jaipur during the recently concluded Rising Rajasthan Global Summit 2024. Oriana Power has identified six key locations in the state for these projects, including one in Bikaner, two in Churu, and three in Phalodi districts. Rupal Gupta, M..

Next Story
Infrastructure Energy

PM Surya Ghar Scheme Set to Surpass 10 Years of Solar Growth

The PM Surya Ghar Muft Bijli Yojana has achieved a remarkable milestone, surpassing 6.85 lakh solar installations within a year and poised to exceed a decade's worth of solar growth. The scheme, launched in February 2024, has already achieved 86 percent of the solar installations made in the last ten years. The 3-5 kW segment accounted for the majority of installations, at 77 percent, while 14 percent of installations were in the 5kW+ category. Gujarat led the charge with 2,86,545 installations, followed by Maharashtra with 1,26,344, Uttar Pradesh with 53,423, and Kerala. The scheme, which now..

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