The International Finance Corp. (IFC), the World Bank Group's private investment arm, plans to provide about $500 million (around *4,100 crore) in long-term financing to smart meter manufacturers in India.
Smart meters are devices connected through a web-based system to track energy consumption. This helps energy utilities reduce commercial losses of power and improve their finances.
Smart meter manufacturers in India include Genus Power Infrastructure, state-run Energy Efficiency Services Ltd (EESL), Gram Power (a wholly-owned unit of Singapore's Polaris Smart Metering Pte Ltd), IntelliSmart Infrastructure Pvt. Ltd (backed by quasi-sovereign fund manager National Investment and Infrastructure Fund (NIIF)), HPL Electric and Power Ltd, Avon Meters, Zen Meter, Schneider Electric and Allied Engineering Works.
Bu hikaye Mint Mumbai dergisinin June 05, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin June 05, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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