Power distribution companies like Adani Energy and Tata Power will expedite deployment of smart meters to bring greater operational efficiency by aligning power purchase with real time demand.
Adani Energy Solutions for instance is currently working on delivering over 20 million smart meters in eight distribution licensee areas, Anil Sardana, managing director of Adani Energy Solutions told Fe. These will come at a contract value of about Rs 23,000 crore and revenue recovery will be spread over a 10-year period, Sardana said.
