Global low-carbon electricity leader EDF has successfully installed 1 lakh smart meters in India under its contract with Energy Efficiency Services Ltd (EESL).
April 15, 2021. By Manu Tayal
Global low-carbon electricity leader EDF has successfully installed 1 lakh smart meters in India under its contract with state-owned Energy Efficiency Services Ltd (EESL), world’s largest public ESCO (Energy Services Company).
This is the first large scale prepaid smart meter solution to be deployed in India.
The milestone marks the completion of the first stage of the contract and the beginning of the commercial roll-out of 5 million smart meters installation across India, nearly half of which will be installed in the state of Bihar.
The contract was awarded to EDF (95 per cent) in association with Accenture Solutions Pvt Ltd (India) in 2019. It covers the design of an advanced metering infrastructure (AMI), the proper installation of 5 million smart meters across India, integration of the smart meters with existing billing system of electricity distribution companies as well as operation and maintenance of the whole system for a period of six and half years.
The company said that this achievement will enable the integration of an increasing volume of renewable energy into the network, thus supporting India’s climate goals. This large-scale implementation will positively impact the DISCOMs’ (distribution companies) balance sheet and give customers better control of their energy budget by allowing them to actively monitor and control their electricity consumption.
Commenting on the development, Harmanjit Nagi, Director and Country Head, EDF India, said, “India has always been a key market for our growth and presents immense potential in the smart meter space. Smart meters will empower customers to gain a higher degree of control over their electricity consumption and would further enhance the resilience of the network. They will also improve the financial position of DISCOMS by helping them contribute to the balance between production and consumption and ultimately help the economy and environment move towards sustainability. Our ongoing contract with EESL opens a new chapter in the development of the EDF business in India, a country that is key in our international strategy. By 2030, EDF Group aims to triple its global activity and double its renewable capacity.”
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