The union power ministry's ambitious plan for 100 per cent smart metering in the next two years may face some distress, with not all state distribution companies seeing a financial benefit from the devices.
In addition, the plan also faces supply issues with vendors reluctant to supply to certain states for 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 distribution company, who did not wish to be identified.
A smart meter has a modem (communication