Government to invest Rs 22,500 crore for smart prepaid meters
POWER & RENEWABLE ENERGY

Government to invest Rs 22,500 crore for smart prepaid meters

A sum of Rs 22,500 crore has been earmarked as the cabinet approved the central government grant for installing 25 crore smart prepaid meters across the country under the Rs 3 lakh crore scheme for power distribution entities, which are discoms recently.

The total outlay for smart-metering is Rs 1.5 lakh crore under the scheme, of which Rs 900 per meter will be provided by the centre to the discoms, which comes to approximately 15% of the price of these devices.

States that manage to install smart prepaid meters before December 2023 will also be qualified for an additional incentive of Rs 450 per meter.

As indicated by an office memorandum released by the Ministry of Power on the outlines of the discom scheme, the latest meters must be installed first in the 500 cities included under the Atal Mission for Rejuvenation and Urban Transformation (Amrut) programme where Aggregate Technical and Commercial (AT&C) losses are higher than 15%, which are an indicator of pilferage.

The priorities will also be provided to install smart prepaid meters in industrial and commercial consumers, UTs, government offices and areas with high loss levels. The finances will be received by the state only after the successful completion of the demonstration of one prepaid billing period.

The Minister of Power briefed the parliament that currently, around 25.2 lakh smart meters were installed across the nation, and about 81 lakh smart meters are at different stages of execution.

The prepaid electricity meters are considered as significant tools to support the efforts of Discoms to cut pilferage and decrease the gap between the price of the power supply and revenue figured out by making sure of the timely payments from the consumers.

Image Source


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

A sum of Rs 22,500 crore has been earmarked as the cabinet approved the central government grant for installing 25 crore smart prepaid meters across the country under the Rs 3 lakh crore scheme for power distribution entities, which are discoms recently. The total outlay for smart-metering is Rs 1.5 lakh crore under the scheme, of which Rs 900 per meter will be provided by the centre to the discoms, which comes to approximately 15% of the price of these devices. States that manage to install smart prepaid meters before December 2023 will also be qualified for an additional incentive of Rs 450 per meter. As indicated by an office memorandum released by the Ministry of Power on the outlines of the discom scheme, the latest meters must be installed first in the 500 cities included under the Atal Mission for Rejuvenation and Urban Transformation (Amrut) programme where Aggregate Technical and Commercial (AT&C) losses are higher than 15%, which are an indicator of pilferage. The priorities will also be provided to install smart prepaid meters in industrial and commercial consumers, UTs, government offices and areas with high loss levels. The finances will be received by the state only after the successful completion of the demonstration of one prepaid billing period. The Minister of Power briefed the parliament that currently, around 25.2 lakh smart meters were installed across the nation, and about 81 lakh smart meters are at different stages of execution. The prepaid electricity meters are considered as significant tools to support the efforts of Discoms to cut pilferage and decrease the gap between the price of the power supply and revenue figured out by making sure of the timely payments from the consumers. Image Source Also read: EDF instals 1 lakh smart meters in first large deployment in India

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?