“The government is moving forward with the revamped distribution reform program which targets an overall expenditure of Rs 3 lakh crore and a substantial part of the expenditure at Rs 1.5 lakh crore has been devoted to smart meters,” he said. said Atul Bali, Chief Director General, National Smart Grid Mission, Ministry of Electricity.
He was speaking at a panel discussion on “Smart meters as a cornerstone of energy reforms” at the second edition of the ETEnergyworld Smart Meter Summit, a virtual initiative exclusive to ETEnergyworld.
He also informed that the government is aiming to install 25 crore smart meters by the end of 2025, but the main goal is to install 10 crore meters by December 2023.
“Advanced metering infrastructure is one of the top five smart grid technologies and smart metering will be a key intervention for smart grids in today’s environment. Besides maximizing revenue, other areas where smart meters will come in handy are improving reliability, reducing operation and maintenance costs and integrating renewables, ”Bali said.
Experts representing the length and breadth of the smart meter landscape joined the summit today. Keynote speakers at the summit are Saurabh Kumar, Executive Vice President of Energy Efficiency Services Ltd (EESL), the nodal agency implementing the mega smart meter deployment in India; RP Singh, Chairman of the UP Electricity Regulatory Commission; R Lakshamanan, CEO, REC Power Development and Consultancy; Sanjay Banga, President – T&D, Tata Power; and Shashank Anand, MD, Uttar Haryana Bijli Vitran Nigam.