In India, Genus Power Infrastructures Ltd has become the first company in the Asia Pacific to achieve the milestone of supplying 1.5 million smart meters to Energy Efficiency Services Ltd (EESL).
Genus Power claims to be the largest supplier of smart meters in India with an annual production capacity of 10 million units, its own in-house research and development tool and advanced software.
The 1.5 million units are part of EESL’s project to deploy 240 million smart meters over the next three years.
Jitendra K Agarwal, Jt managing director, Genus Power said, “…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.”
Mr 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, digitized, 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.”