EESL to procure 50 lakh Smart Meters

Speed Post News Network

New Delhi : The Energy Efficiency Services Ltd. (EESL), under the Ministry of Power, Government of India, will procure 50 lakh Smart Meters for Smart Grid projects in Haryana and Uttar Pradesh (UP). These meters will help these states in not only significantly reducing their AT&C losses by way of increased billing efficiency, but will completely change the way in which electrical energy is at present being consumed and paid for by the ordinary consumers.

The EESL had invited a mega teder for procurement of 50 lakh smart meters in July 2017, which would help in reducing AT&C losses, power theft and also help in monitoring of round the clock power supply eventually leading to greater efficiency and 24X7 power for all, according to a PIB release.

A Pre-Bid Meeting was held by EESL on  August 22, 2017 for procurement of 50 lakh smart meters which evoked a stellar response from the smart meter manufacturers, system integrators and has also excited various other stakeholders including World Bank and telecom operators etc. The interest shown by the smart meter fraternity was also evident from the participation of about 100 companies in the pre-bid meeting and is a measure of the potential which smart projects have in India.

EESL will be making the entire upfront investment as well as maintain the whole infrastructure for the next ten years. This approach has made the project feasible as most of the state utilities are not in a position for such rollouts due to their financial constraints. EESL will recover its investment from the savings accruing to the DISCOMs in subsequent years, according to the PIB release. Installation of these smart meters along with  associated communication and IT infrastructure will enable the DISCOMs to obtain real time energy consumption data of each consumer for subsequent analysis .