BSES Rajdhani Power Limited and BSES Yamuna Power Limited will instal 50 lakh smart meters in the national Capital with a capital outlay of Rs 5,000 crore to Rs 6000 crore. The tendering process is slated to be finalised by July 2023. The project is likely to commence before the year end. This project aims to equip BSES with smart meters, positioning it as India’s first fully digital utility.
When asked, a BSES spokesperson said, “We are a committed world-class smart power distribution company working in the interest of 5 million consumers and 20 million residents in Delhi”. “The estimated investment for this project is expected to range between Rs. 5,000 crore to Rs. 6,000 crore, making it one of the most significant undertakings by BSES discoms, which have a turnover of over Rs. 16,000 crore and a cash Ebitda of Rs. 2,500 crore,” he said. The on-ground implementation is expected to commence during the September-December period, it said.
The statement said BSES is partnering with several smart meter manufacturers and system integrators to ensure quality and reliability of the service.
Integrated with mobile applications, smart meters which include both pre and post-paid options will empower consumers by giving them unprecedented control over their energy consumption, the statement said. These smart meters will leverage Artificial Intelligence and Machine Learning to provide insights and analytics that would have been impossible to achieve otherwise, it said.
This translates to better services, prompt resolutions, and an active role for consumers in shaping the future of energy in Delhi, it said. BSES Rajdhani Power Limited and BSES Yamuna Power Limited are joint ventures between Reliance Infrastructure Limited and the Delhi Government with a shareholding ratio of 51:49.
The statement said these discoms ensure reliable power supply to five million consumers and 20 million residents in South, West, East, and Central Delhi. There are 58 lakh domestic power consumers in Delhi.