EESL Signs Agreements With Bihar Utilities to Install Smart Prepaid Meters

- Advertisement -

2.34 million smart meters are projected to be installed in the state. The agreement also marks the commercial launch of smart prepaid system for Bihar utilities

Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution Company Ltd (NBPDCL) for the installation of 2.34 million smart prepaid meters in Bihar, under its Smart Meter National Programme. This is the first time that smart prepaid meters are being installed at this scale. The agreement was signed in the august presence of Hon’ble Energy Minister, Government of Bihar, Bijendra Prasad Yadav.

Sharing his views, Yadav said, “The power sector is facing high aggregate technical and commercial losses and implementation of smart prepaid meters can play a crucial role in addressing these challenges in Bihar. I am confident that these meters will be a boon for the state’s energy landscape and will help DISCOMs in shoring up their finances.”

- Advertisement -

The objective of this project is to have a sustainable impact on the distribution sector in Bihar. The smart prepaid meters will optimise the DISCOM operational performance by increasing the billing and collection efficiency, reduce the operation and maintenance cost; and enhance the quality of service, along with providing the consumers with demand side management (DSM) options.

Speaking on the occasion, Saurabh Kumar, Executive Vice Chairperson, EESL, said, “We have been implementing smart prepaid meters across India to enhance consumer convenience and increase DISCOM revenues. We have made significant progress in this journey in the state of Bihar, which has become the first state in the country to witness smart prepaid meter installation at this scale. Now, with the commercial launch of the smart prepaid system for Bihar utilities, we’re certain that this will help bring a transformation in the entire power sector.”

The Smart Meter National Programme aims to replace 250 million conventional meters with smart meters in India. Under the smart meter national programme, EESL and Intellismart have installed over 1.6 million smart meters have been installed in the country.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Advancing  Manufacturing Sector With New Refrigerator Plant

0
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Buzz

EV Parts Maker Matel Raises $4M

0
Matel manufactures components such as power trains and motor control units for electric vehicles. In this funding round, investors included Gruhas, backed by Nikhil...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...

Ampere Teams With Qualcomm On AI, Unveils New Chip

0
Ampere Computing and Qualcomm team up to create energy-efficient AI chips, launching a data center server aimed at reducing power consumption and outpacing rivals...

Important Sectors

EV Parts Maker Matel Raises $4M

0
Matel manufactures components such as power trains and motor control units for electric vehicles. In this funding round, investors included Gruhas, backed by Nikhil...
Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...

Ampere Teams With Qualcomm On AI, Unveils New Chip

0
Ampere Computing and Qualcomm team up to create energy-efficient AI chips, launching a data center server aimed at reducing power consumption and outpacing rivals...

Mufin Green Finance And Roadcast Partner To Transform EV Leasing In India

0
As part of this collaboration, Mufin Green Finance will lease electric three-wheelers (e3Ws) that feature GPS-enabled technology supplied by Roadcast. Roadcast, a SaaS-based logistics automation...

Pune Startup Gives Birth To New Two-Wheeler Form Factor

0
The logistics sector has become the biggest adopter of electric vehicles in India. However, in the two-wheeler space, the attrition rate due to physical...

Manufacturing

Siemens and CSA

Siemens To Sell Innomotics To KPS For $3.8B

0
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...
Sona Comstar

Sona Comstar’s 3-Pronged Global Strategy To Outperform China In EV Parts Supply

0
Sona BLW Precision Forgings (Sona Comstar) has adopted a three-pronged strategy: leveraging the protectionist policies of the US and Indian governments to exclude Chinese...

Nokia Collaborates With Dixon Technologies Unit For Telecom Production

0
Dixon Technologies Vice Chairman and Managing Director Atul B. Lall mentioned that the product development is nearing completion, and they expect to begin commercial...