• Smart Meters
  • India Smart Metering
  • Power Distribution
  • Energy Efficiency
  • Prepaid Smart Meters
  • RDSS
  • Adani Smart Metering
  • EDF India
  • Actis JV
  • SAT Private Limited
  • Iskrameco
  • Kimbal Technologies
  • Energy Management
  • Digital Metering
  • Smart Grid
  • Infrastructure Development
  • Investment in Energy Sector
  • Sustainable Energy Solutions
  • Government Budget Allocation

Last Update 19 March 2025

India's Smart Metering Revolution: Government Allocates INR 23,000 Crores to Boost Installations by 2027

India is making significant strides in modernizing its power distribution sector, with the Government of India allocating INR 23,000 crores to install 250 million prepaid smart meters by 2027. This initiative aims to enhance energy efficiency, improve billing accuracy, and reduce power losses nationwide.

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."

Key Developments in India’s Smart Metering Market:

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.

India’s Smart Metering Outlook ????

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).

For more industry insights, visit Omnicore Plus.

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