CII Energy Department’s Post

Smart Metering: Transforming India’s Power Grid Smart meters are being inducted into India's power infrastructure owing to their ability to improve operational and fi­nancial performance of the utilities. As of May 2024, India has sanctioned the installation of 22,22,64,571 smart meters, of which 1,11,92,728 have been installed. Additionally, 52,65,011 DT meters have been sanctioned (with 40,436 installed) and 1,83,316 feeder meters have been sanctioned (with 13,029 installed) (Source: National Smart Grid Mission). The Ministry of Power's Revamped Distribution Sector Scheme (RDSS) is playing a pivotal role in driving the induction of smart meters. Launched in 2022, the RDSS is a flagship programme with an outlay of Rs 3,037.58 billion allocated over a five-year period (2021-22 to 2025-26). The program's primary objectives are to: > Reduce aggregate technical and commercial losses to 12-15% > Reduce the average cost of supply-average revenue realised gap to zero by the financial year 2024-25 > Improve the quality, reliability, and affordability of power supply for consumers through a financially sustainable and operationally efficient distribution sector (Source: PIB, Ministry of Power) > It is important to know the best practices in smart metering sector, and the learnings from them. Also to understand the policy and regulatory frameworks and the challenges that come in implementation, join us for the Second CII > Conference on Smart Metering on 2 July 2024. Register https://lnkd.in/gRysyJeA Secure Meters Limited, ACME Group, Apraava Energy, Hero Future Energies, Greenko Group, O2 Power, Suzlon Group, Serentica Renewables, Waaree Group, Adani Green Energy Ltd. Confederation of Indian Industry

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