Aatmanirbhar Bharat: EESL sourced 1.5 million smart meters from homegrown Genus Power

Genus Power is the first company in Asia Pacific to achieve the milestone of supplying 1.5 million Smart Meters to EESL, said the company in a statement
Aatmanirbhar Bharat: EESL sourced 1.5 million smart meters from homegrown Genus Power
  • Genus Power is the largest supplier of smart meters in India and is currently executing a large contract for EESL

  • The Smart Meters commissioned in various states have played an important role during the COVID 19 pandemic, the Joint Managing Director of Genus Power said

Jaipur: State-run EESL (Energy Efficiency Services Ltd) has sourced 1.5 million smart meters from a major domestic player involved in the manufacture of electricity meters — Genus Power Infrastructures Ltd. "Genus Power Infrastructures Ltd (Genus Power), the country's largest electricity metering solutions provider, becomes the first company in Asia Pacific to achieve the milestone of supplying 1.5 million Smart Meters to EESL (Energy Efficiency Services Ltd), bearing a testimony of the manufacturing capability of an Indian company for such an advance meter amid global competition," Genus Power said in an official statement on Wednesday.

Genus Power is the largest supplier of smart meters in India and is currently executing a large contract for EESL. EESL is implementing the Centre's ambitious plan of rolling out 240 million Smart Meters in the next three years.

'Genus Power smart meters have played an important role during COVID'

Excited with this achievement, Jitendra K Agarwal, Joint Managing Director, Genus Power said, "As a leader in the Smart Metering industry, we are proud to be the first in India to achieve this figure. The Smart Meters commissioned in various states have played an important role during the COVID 19 pandemic. The nationwide lockdown and social distancing prohibited DISCOMs from physically taking the monthly meter readings. All states where Genus Power Smart Meters were installed have been able to take readings remotely that resulted in bill generation & collection, helping DISCOMs to sustain their operations."

Seamless, consumer-focused energy ecosystem is the way forward: EESL MD

Saurabh Kumar, Managing Director, EESL said, "Smart Meters offer numerous benefits to DISCOMs as well as consumers. They also have the potential to make the power sector increasingly resilient, transparent, digitised, and accountable. A seamless and consumer-focused energy ecosystem is the way forward and thus we must encourage the adoption of smart meters across the country."

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)

logo
PSU Watch
psuwatch.com