Adani Energy Solutions, for instance, is currently working on delivering over 20 million smart meters in eight distribution licensee areas, Anil Sardana, managing director of Adani Energy Solutions, told FE. These will come at a contract value of about â¹23,000 crore and revenue recovery will be spread over a 10-year period, Sardana said.
"We are investing big time in technology and digitization to improve our overall operational efficiency and customer value proposition and engagement," Sardana said.
Through smart meters, the company can monitor and predict power consumption pattern over micro geographies and hence manage retail distribution better. It is adopting IoT (Internet of Things) across its assets for getting their real-time health diagnosis and undertaking predictive maintenance wherever needed, he said.
"Use of data analytics is helping us in theft detection and bringing down distribution loss, and plan our power purchase in line with demand," he said.
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