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Not all state power distribution cos see financial benefit in smart meters

A smart meter has a modem (communication device) and a remote switch by which demand, supply and billing can be monitored and controlled remotely

meter box, power supply, discoms
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Amritha PillayShreya Jai Mumbai & New Delhi
The Union power ministry has an ambitious plan for 100 per cent smart metering over the next two years. However, not all state distribution companies (discoms) see a financial benefit from smart meters.
 
Also, vendors are reluctant to supply to some states, on payment concerns. “I don’t see a benefit to make that huge an investment, when the returns are not impressive. It does not do much to change my financials significantly,” said a top official from a state discom, who did not wish to be identified.
 
A smart meter has a modem (communication device) and a remote