Waaree Power Private Limited, a subsidiary of Waaree Energies Limited, has approved the acquisition of a 76 per cent equity stake in Racemosa Energy (India) Private Limited. The deal is subject to definitive agreements, regulatory clearances, and standard closing conditions. Racemosa Energy, incorporated in 2018 in Maharashtra, manufactures smart meters. Waaree Energies stated that the…
A total of 2.41 crore smart meters have been installed across 28 states and union territories under the Revamped Distribution Sector Scheme (RDSS) as of 15 July 2025, out of the 20.33 crore meters sanctioned. In Gujarat, 1.67 crore meters have been approved under the scheme, with 20.94 lakh already installed. According to state utilities,…
The Ministry of Power has directed that all government offices, buildings, and residential colonies be equipped with prepaid smart meters by August 2025. The goal is to reduce AT&C (Aggregate Technical & Commercial) losses and improve billing accuracy. This was announced at the Western States Power Conference in Mumbai on 13 May. Union Power Minister…
The Central Electricity Authority (CEA) has issued new guidelines aimed at standardizing and ensuring interoperability within Advanced Metering Infrastructure (AMI) systems. The guidelines, titled “Guidelines for Standardization and Interoperability in AMI Systems for End-to-End Communication between Smart Meter, HES and MDM,” focus on creating unified communication protocols for smart meters, Head-End Systems (HES), and Meter…
GMR Power and Urban Infra (GPUIL) has secured approval from the Indian Renewable Energy Development Agency (IREDA) to part-finance a Rs 34.67 billion project for installing and maintaining 7.569 million smart meters across key regions in Uttar Pradesh. The project, in collaboration with Bosch Global Software Technologies as the technical partner, covers Varanasi, Azamgarh, Prayagraj,…
Assam and Bihar are leading states in smart meter installations under the Revamped Distribution Sector Scheme (RDSS), with a total of 7.54 million smart meters installed across India. This includes 7.30 million consumer meters, 0.18 million distribution transformer (DT) meters and 0.06 million feeder meters. The total number of smart meters sanctioned under RDSS stands…
EQT Active Core Infrastructure Fund and GIC have announced an agreement to acquire a majority stake in Calisen Group, a UK-based smart metering company, from Global Infrastructure Partners, BlackRock, Goldman Sachs Alternatives, and Mubadala Investment Company. Equitix will retain a minority stake. The transaction is subject to regulatory approvals. Headquartered in Manchester, Calisen owns, installs,…
Tata Power reported reduced Aggregate Technical & Commercial (AT&C) losses in its Odisha power distribution business during the first half of FY25. The investor presentation indicated improvements in two of the four discoms, TPCODL and TPSODL, while AT&C losses in TPWODL remained constant and slightly increased in TPNODL. Overall, AT&C losses across the Odisha discoms,…
Deveritec GmbH and Wirepas have unveiled a new Network Interface Card (NIC) tailored for the Wirepas 5G Mesh implementation of the non-cellular 5G standard, NR+. The NIC, developed using Nordic Semiconductor’s nRF9151 chip, is designed for smart electricity meters and aims to accelerate Advanced Metering Infrastructure (AMI) development using the NR+ standard. This collaboration marks…
Switzerland-based Iskraemeco Group, after selling its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has announced plans to set up a new software development centre in India. The centre will focus on electricity metering and data processing, reinforcing Iskraemeco’s ongoing presence in the country. The sale of Iskraemeco India aligns with the…