Mr. Sanjay Kumar Mittal, Senior Director at Eninrac, commented:
"The Indian government’s investment in smart meters marks a transformative step towards a more efficient and reliable energy distribution system. With active participation from both public and private players, we are witnessing a rapid evolution in India’s smart metering infrastructure."
✅ Strategic Partnerships & Investments:
???? EDF India has formed a joint venture with Actis to deploy advanced smart metering infrastructure.
???? SAT Private Limited secured USD 2.5 million to enhance its smart meter technology, driving innovation in the sector.
???? Adani Group has committed INR 21 billion to provide cutting-edge smart metering solutions, accelerating India’s energy transition.
???? Iskrameco is investing INR 1,000 crores to establish an integrated hardware & software facility for smart metering solutions.
???? Kimbal Technologies, a Delhi-based startup, has raised USD 5 million from Niveshaay to expand its smart meter solutions.
With a target of 250 million installations by 2027, India’s smart metering sector represents a $20 billion opportunity. The government’s commitment, combined with strong private sector participation, is set to revolutionize power distribution under the Revamped Distribution Sector Scheme (RDSS).
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