Smart metres are becoming increasingly popular in the country, with the government pushing for widespread adoption. The government's push for smart metres is part of its efforts to modernise and align the country's energy infrastructure with global standards.
The deployment of smart metres will aid in achieving efficiency, reducing waste, and improving supply. With several state governments awarding contracts for smart metre installation, Indraprastha Gas, a leading gas distribution company in India, has captured the spotlight.
Genesis Gas Solutions, the subsidiary of ONGC's Vikas Lifecare, has entered into joint venture with IGL to set up India’s first Integrated Smart Meter Manufacturing Plant. The new plant will be set up at an investment of Rs 1,100 millions, according to an exchange filing by the company.
Initially, the plant will have the capacity to manufacture 1 million meters annually. It will likely become operational by April next year.
India's first Integrated State-of-the-Art Smart Meter Manufacturing Plant to manufacture Diaphragm Gas Meters equipped with IoT technologies like LoRa, LoRaWAN and Bluetooth among others. The smart meters will provide solutions to manage consumers’ energy demand and metering with utmost accuracy.
IGL has said that it is aiming to produce 10 lakh smart meters going forward. This will not give a thrust to the government's Make In India initiative but also significantly cut the imports.