EESL’s Smart Meter Program Helps Discoms Generate 95 Per cent Billing Efficiency

- Advertisement -
  • Smart prepaid meters have enabled DISCOMs in Bihar in generating daily revenue of Rs 5,00,000 during nationwide lockdown
  • States like Uttar Pradesh, Haryana, NDMC New Delhi and Bihar have installed around 9.84 lakhs, 1.23 lakh, 57 thousand and 28 thousand smart meters respectively

Energy Efficiency Services Limited (EESL), a PSU under the Ministry of Power, Government of India, is the designated agency to implement the smart metering programme in India. Under this programme, a total number of 12,06,435 smart meters have been installed till date.

Emphasising the benefits of smart meters for the consumers, Saurabh Kumar, MD, EESL said, “Smart meters have been indispensable during the current situation, helping Discoms function smoothly, thanks to their ability to remotely monitor and collect meter readings. They are the foundation stone of building the power sector of the future. AMI is a significant step towards enabling power sector reforms in India, while enhancing consumer convenience, satisfaction and rationalisation of electricity consumption at the same time.”

EESL has enabled Discoms in generating around 95 per cent of billing efficiency by using smart meters amid this lockdown and 15 to 20 per cent average increase in monthly revenue per consumer. States like Uttar Pradesh, Haryana, NDMC New Delhi and Bihar have installed around 9.84 lakhs, 1.23 lakh, 57 thousand and 28 thousand smart meters respectively. The Discoms in these states, with the help of smart meters, have been able to handle their operations smoothly in the time of crisis.

- Advertisement -

Implementing smart prepaid meters

The PSU is also implementing smart prepaid meters under its smart metering programme. Smart Meters deployed by EESL have the capability to switch to prepaid mode with remote button click from an IT system.

Wherein the general populace has to adhere to the social distancing norms by the government, electricity distribution companies have not been able to physically collect electricity bills from consumers, leading to dip in the cash flow. However, few Discoms are enjoying the perks of using the prepaids smart meters.

Bihar is the first state in India to use about 25,000 smart prepaid meters. The consumers on an average are recharging their prepaid smart meters with credit balance of Rs 20 on a daily basis. This has resulted in significant benefit of revenue to the state Discoms, while other Discoms with conventional meters have not even been able to generate the bills.

“Smart meters are part of the overall Advanced Metering Infrastructure (AMI) solution that measures and records consumers’ electricity use at different times of the day and sends this information to the energy supplier through GPRS technology. This gives consumers better access to information and allows them to make more informed decisions on the use of electricity in their homes, leading to reduced power wastage, and long-term carbon and financial savings. It also improves the DISCOM’s operational performance by increasing billing efficiency, reducing O&M cost and enhancing the quality of service by providing consumers with Demand Side Management (DSM) options,” added Kumar.

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!
Fujifilm

Fujifilm Plans Entry Into Indian Semiconductor Market

0
Exploring joint ventures and technology licensing, Fujifilm Electronic Materials plans to enter the Indian market, enhancing semiconductor material supply and expanding its presence. Fujifilm Electronic...

NXP Semiconductors To Invest ₹84 Billion in Indian R&D

0
NXP Semiconductors plans to invest over $1 billion (₹84 billion) to enhance its research and development (R&D) operations in India, according to Reuters. At...

Retrofit Older Cars With Low-GWP Refrigerant

0
The five-step retrofit program offers a fast and straightforward solution for replacing high global warming potential refrigerants with a new, low global warming potential...
Altair and LG

LG Electronics Taps Major Banks For Indian IPO

0
Preparing for a potential $1.5 billion IPO for its Indian business, LG Electronics is consulting banks like Bank of America and JPMorgan, aiming for...

IBM, L&T Partner For Next-Gen Processor Innovation

0
Aiming to develop advanced indigenous processors for various applications, matching global competition, L&T Semiconductor Technologies and IBM have planned to join hands. On Tuesday,...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...
Ratul Borah, Founder & CEO, Elecnovo

“Our Patent Technologies Contribute To The Advancement Of EV Industry” – Ratul Borah, Founder...

0
During an interaction with Nitisha Dubey from EFY, Ratul Borah of Elecnovo Private Limited, talks about his patent technologies and future growth strategies… Q. Please...
Mukesh Vasani, CEO, Aimtron Group

“30-40% Of Our Operations Are Outside India, But We Are Working Towards Greater Self-Reliance”...

0
In a conversation with EFY’s Nitisha Dubey, Aimtron Group CEO Mukesh Vasani highlighted key manufacturing features and global expansion strategies. Q. What milestones mark Aimtron...

“Think E2W Market Is Crowded, Then Look At The E-Rickshaw Market!” – Gopal Jaidka,...

0
There are over 150 brands claiming to manufacture electric two-wheelers in India, with new ones continually entering the fray. Is this saturation, or is...

“We Aim To Create One Village-Level Drone Entrepreneur And One Agri-Entrepreneur Across India” –...

0
Being essential in agriculture, drone operation is not an amateur’s job. In a discussion with EFY’s Nitisha, Preet Sandhuu, Co-Founder of AVPL, discusses the...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

OLA’s AI Venture Krutrim To Release Silicon Chips

0
Ola’s Krutrim partners with Arm and Untether to manufacture AI silicon chips, with plans to integrate them into electric scooters. Krutrim, the AI startup founded...
Sharath Shyamasunder, Founder and CEO of The Startup Zone

“Unfortunately, Many Startups Are Not Aware Of The Policies”

0
Should startups funnel their funding and investments into their existing bank accounts, or is it wiser to open a separate one? What are the...

Industry's Buzz

Learn From Leaders

Startups