Incidentally, Tata Power-DDL’s landmark of installing 260,000 smart meters in North Delhi nearly coincided with the Indian government clearing a Rs 3,030 billion (US$40.55 billion), five-year scheme that seeks to install 250 million smart meters across the country. This program, announced in June last year, will be the world’s largest electricity smart metering program.
“I do not know of any other market that will deploy 250 million smart meters in the next few years,” says Demann. Such large numbers can only come from a country like India, with its population of 1.39 billion. Given its ambitions and high growth projections, the day does not seem far when India will have a nation-wide smart grid in place, supported by millions of smart meters. For smart meters, as Srinivasan says, are the backbone for building a smart grid.
Author: Swati Prasad is a freelance journalist based in Delhi, writing on business, economy, technology and healthcare. She reports from India for several publications overseas and has worked as a correspondent and editor for The Economic Times, Business Standard, The Indian Express, and Business Today.
May 3, 2022
Picture credits: Siemens AG, Tata Power Delhi Distribution Limited, Shutterstock