IntelliSmart Secures Rs 20,000-Crore Smart Meter Installation Projects in 4 States – News18

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IntelliSmart Secures Rs 20,000-Crore Smart Meter Installation Projects in 4 States – News18


Reported By: Business Desk

Last Updated: December 06, 2023, 15:35 IST

(*4*)The sensible meter set up underneath the RDSS scheme is anticipated to take 27 months.

Revamped Distribution Sector Scheme: The Rs 20,000-crore awards for IntelliSmart Infrastructure embrace putting in round 1.7 crore sensible meters in 4 states — Uttar Pradesh, Assam, Bihar and Gujarat

IntelliSmart Infrastructure has stated it has been awarded India’s largest sensible metering undertaking underneath the Revamped Distribution Sector Scheme (RDSS). The Rs 20,000-crore contract contains putting in round 1.7 crore sensible meters in 4 states — Uttar Pradesh, Assam, Bihar and Gujarat.

“In Uttar Pradesh, IntelliSmart has been awarded the largest smart metering project in the country by volume under RDSS. As part of the project, IntelliSmart will install 67 lakh smart meters in 14 districts falling under the jurisdiction of Pashchimanchal Vidyut Vitran Nigam Limited,” the Gurugram-based firm stated in a press release dated December 5.

In Gujarat, IntelliSmart has secured the Letter of Award (LoA) for the implementation of finish-to-finish sensible metering options from Madhya Gujarat Vij Company Limited (MGVCL) and Dakshin Gujarat Vij Company Limited (DGVCL) for a complete of 51 lakh pay as you go sensible meters, it stated.

In Assam, the corporate has gained the LoA for 15 lakh sensible meters, secured by way of aggressive bidding, from Assam Power Distribution Company Limited. Assam can also be a hit story for IntelliSmart the place it had earlier secured India’s first competitively bid sensible metering undertaking underneath DBFOOT association for over 6 lakh sensible meters and have already achieved greater than 60 p.c meter set up in report time, IntelliSmart Infrastructure said.

In Bihar, IntelliSmart has gained a undertaking to put in 36 lakh sensible meters for South Bihar Power Distribution Company Limited.

IntelliSmart Infrastructure builds a robust portfolio of sensible metering tasks, with a portfolio measurement near Rs 20,000 crore.

Anil Rawal, MD & CEO of IntelliSmart, stated, “This (smart metering) is one of the leading most power sector digitalisation programmes across the globe and shall go a long way not only to improve the financial and operational health of the distribution companies but would also be critical for success of large-scale renewables and e-mobility in the grid. These large projects once again reiterate the confidence of government in the capabilities of IntelliSmart in pioneering digitalisation in the power sector and becoming the most preferred digital partner for the utilities.”

He added that the profitable implementation of the sensible metering tasks may even assist the nation realise the online-zero commitments and can help the vitality transition endeavour.

The sensible meter set up underneath the RDSS scheme is anticipated to take 27 months, whereas the next operations and upkeep interval might be between 8 and 10 years.

IntelliSmart Infrastructure is a three way partnership of the National Investment Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL).



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