We have an order book of 4-mn smart meters
Yes of course! Energy Efficiency Services (EESL)'s procurement of smart meters have already started pushing down the cost. In November-December, last year, EESL has come out with a large tender, and I remember, an announcement of 14 per cent lower pricing than the earlier tenders.
Testing For Renewable Energy Installations
For the most part, testing electrical installations that include renewable energy sources covers familiar ground. There are, however, some specific requirements associated with these installations that are likely to be rather less familiar, as Simon Wood of Megger, UK explains.
Street lighting accounts for major revenue in the Indian LED market
Indian LED lighting market will grow with a CAGR of 42 per cent for the next five years, which means that there is enough room for the organised players to grow. We also believe that the focus of the consumers in this sector is shifting from dependency on trust and heritage and rationalising their purchase to making emotional decisions in favour of products.
PSPCL eyes saving Rs.1,100 cr per annum
Power utility Punjab State Power Corporation Limited (PSPCL) said it can save Rs.1,100 crore per annum by shifting electricity meters outside consumers premises.
A smart meter is an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system.
The growth is largely dependent on government organisations
The manufacturers have developed different types of single and three phase electronic meters over the years like, basic electronic meter with optical port/ IrDa port, meter with RF/zigbee communication, which can communicate consumption data
While the need to have an efficient and reliable power distribution setup at both macro and micro levels is giving a fillip to the energy meter industry, rapid urbanisation and government policies are keeping the revenue meter running.
We soon will launch smart metering & AMI solutions
The current market size is approximately Rs 2,200 crore and it is expected to grow at a CAGR of 8-10 per cent over the next four-five years. In terms of current trend, the meters being purchased are intelligent with built-in features like interval data