Smart Meter National Programme aims to replace 25 crore conventional meters with smart meters in India. Smart meters are connected through a web-based monitoring system which will help to reduce commercial losses of utilities, enhance revenues and serve as an important tool in power sector reforms. EESL business model to roll out smart meters is revamping the current manual system of revenue collection which leads to low billing and poor collection efficiencies.
This programme is being implemented under the BOOT model on cost plus approach, which means all Capex/Opex is done by EESL and the states/ utilities are not required to invest upfront
EESL has signed MoUs/Agreements for smart meters with the states of Andhra Pradesh, Uttar Pradesh, Haryana, Bihar, NDMC-Delhi, Rajasthan, Telangana and for prepaid meters with the states of Uttar Pradesh and Tripura.
By EESL’s smart metering project, NDMC becomes the first utility to have all their consumers with smart meters without any upfront investment from NDMC
Under this programme, EESL has completed the procurement process of 1.5 crore smart meters. As on date, EESL has installed over 13.2 lakh smart meters in Uttar Pradesh, New Delhi, Haryana and Bihar under this programme.