Energy Efficiency Services Ltd (EESL), the energy services company under the Union Ministry of Power, has announced the completion of the project to replace 50,000 conventional electricity meters with smart meters in the New Delhi Municipal Council (NDMC) area.
The aim of the project is to enhance consumer convenience and rationalise electricity consumption. The adoption of smart meters will lead to total annual savings of ₹12.47 crore to NDMC, said an official statement.
“ India is making rapid strides in providing universal access to affordable power. The Centre is accelerating the adoption of smart meters to ensure efficient management of electricity by checking data-entry errors, billing inefficiencies, and cutting the costs of manual meter reading through web-based monitoring system,” said RK Singh, Minister for Power, New and Renewable Energy, on Wednesday.
The event also witnessed the launch of smart meter feature on NDMC 311 mobile application enabling consumers to access various services at the tap of a finger. The smart meter tab has been added to NDMC app’s home screen. Through this, consumers can now get clarity on their energy habits and consumption through detailed and personalised insights.
“We aim to play a vital role in India’s journey towards becoming a lower-carbon economy and an energy-secure nation. And, as the first municipal body to implement 100 per cent smart metering solution, we hope to encourage our counterparts in the rest of the country to follow suit,” said Naresh Kumar, Chairman, NDMC.
EESL has funded and built the smart metering solution in the project area. It will also operate and manage the system enabling NDMC to benefit from smart meters with zero upfront financial investment. NDMC’s repayment to EESL will be through the monetisation of energy savings, resulting from enhanced billing accuracy, avoided meter reading costs and other efficiencies.
This includes the immediate elimination of the cost of manual meter readings. These savings further enable NDMC to invest in value-added services for its consumers.
Under its Smart Meters National Programme, EESL aims to replace 25-crore conventional meters with smart meters in India.
EESL and NDMC also signed an MoU to install public e-charging stations. The initiative is to promotie Electric Vehicles (including two-wheelers) in the NDMC area.