India’s smart meter presents $20 billion opportunity: Avener report
A report by Avener Capital highlights that India’s rollout of 250 million smart meters, under the Revamped Distribution Sector Scheme (RDSS), represents a $20 billion opportunity, with Advanced Metering Infrastructure Service Providers (AMISP) project awards projected to grow at a compounded annual rate of 25%. State-wise, Maharashtra and Uttar Pradesh are nearing saturation in terms of project awards, but states like Tamil Nadu, Madhya Pradesh, and Gujarat offer promising opportunities due to the gap between…