RECPDCL Inks Smart Metering Agreements for 33.26 Lakh Prepaid Meters in Gujarat
RECPDCL, a subsidiary of REC Ltd., has signed smart metering agreements for the rollout of 33.26 lakh smart prepaid meters in PGVCL's jurisdiction under the RDSS Phase-II project in Gujarat.
July 11, 2025. By Mrinmoy Dey
Further, the AMISP Contract Agreement was also signed by RECPDCL with Bharat Grid, a joint venture between Actis and EDF India.
The agreement was signed in the presence of K.P. Joshi, IAS, MD-PGVCL; T.S.C. Bosh, CEO-RECPDCL; Saurabh Rastogi, Executive Director, RECPDCL; R.J. Vala, Chief Engineer, PGVCL; Christophe Feuillard, CEO, BGPL; and other officials of PGVCL, RECPDCL, and Bharat Grid.
The key benefits of the project include loss reduction, reduced downtime, better consumer engagement, and improved overall efficiency of the distribution sector.
REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects, etc.
The loan book of REC stands at INR 5.66 lakh crore, and Net Worth at INR 77,638 crore as on March 31, 2025.
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