Install smart prepaid meters on priority: Power ministry tells govt depts

To help state-run power distribution companies (discoms) to pare their losses, the Union power ministry has issued an advisory to all Central government ministries to direct organisations under their control to switch over to prepaid smart meters on priority. The development closely follows the Cabinet approving the Rs 3 lakh crore discom-reform scheme, which includes the agenda of installing 25 crore smart prepaid meters across the country.

As FE recently reported, a sum of Rs 22,500 crore has been earmarked under the scheme as Central government grant for installing smart prepaid meters.