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
Resources

KEC International Wins New Orders worth Rs. 12.36 Billion

KEC International, a global infrastructure EPC major and an RPG Group Company, has secured new orders worth Rs. 12.36 billion (bn) across various sectors.Transmission & Distribution (T&D):KEC has secured transmission line and substation orders in the Middle East (UAE and Kuwait) and a substation order from a private TBCB player in India.Civil:A residential project order from a leading private developer in Western India strengthens KEC’s presence in the civil sector.Transportation:The company has also secured an order in the prestigious Train Collision Avoidance System (TCAS) segment ..

Next Story
Infrastructure Urban

Finance Minister to Launch NITI NCAER States Economic Forum Portal

Union Finance Minister Nirmala Sitharaman is set to launch the "NITI NCAER States Economic Forum" portal on 1st April 2025 in New Delhi. Developed collaboratively by NITI Aayog and the National Council of Applied Economic Research (NCAER), the portal will serve as a comprehensive repository of economic, social, and fiscal data spanning over 30 years (1990-91 to 2022-23). Key Features of the Portal The platform is structured into four main components: State Reports: Provides macro and fiscal overviews of 28 Indian states, featuring data on demography, economic structure, socio-economic indic..

Next Story
Infrastructure Energy

IREDA’s Loan Sanctions Surge 27% to Rs 474.53 Bn in FY 2024-25

The Indian Renewable Energy Development Agency Limited (IREDA) has reported a 27% increase in loan sanctions, reaching Rs 474.53 billion for FY 2024-25, as per provisional data. Loan disbursements also saw a 20% rise to Rs 301.68 billion, up from Rs 250.89 billion in the previous fiscal year. Additionally, the outstanding loan book expanded by 28%, standing at Rs 762.5 billion as of March 31, 2025, compared to Rs 596.98 billion in FY 2023-24. IREDA’s Commitment to Renewable Energy Growth Shri Pradip Kumar Das, Chairman & Managing Director, IREDA, emphasized the company’s commitment to t..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?