Can good meters make India power environment friendly?  

Good meters have been making headlines in latest occasions. On this episode of the State of the Economic system Podcast, Girishkumar Kadam, Senior Vice President and Group Head of Company Sector Rankings, ICRA, sheds gentle on the standing and significance of the good meter set up undertaking in India’s energy sector.  

The podcast emphasises the essential function of good meters in minimising billing and assortment inefficiencies, decreasing combination technical and business losses, and enhancing grid operations. He highlights the goal of putting in 25 crore good meters by 2025 and the potential advantages for demand forecasting and general energy sector effectivity. 

Addressing the monetary challenges confronted by distribution utilities, Girish explains how good meters can contribute to reducing losses, bettering money collections, and in the end enhancing their monetary well being. He emphasises the significance of a Public-Personal Partnership (PPP) mannequin, the place the set up is carried out by third-party service suppliers with no upfront value for utilities. 

The dialogue additionally explains the gradual progress of good meter set up, attributing it to challenges equivalent to state-specific variations, insufficient proactive help from state governments, and points associated to integrating good metering infrastructure with legacy billing methods. 

He anticipates a constructive outlook for the longer term, anticipating the tempo of good meter installations to regularly enhance over the following two to 4 years. The podcast raises the necessity for continued budgetary help, grants, and proactive efforts from each central and state governments to make sure the success of the good metering initiative and tackle monetary issues within the energy distribution sector. 

 ( Host: Rishi Ranjan Kala, Producers: Anjana PV & Siddharth Mathew Cherian)

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