NEW DELHI: Tata Power Delhi Distribution Ltd expects to start installation of first phase of smart electricity meters by December next year. The company has tied up with Switzerland-based Landis+Gyr to build necessary communication platform for installation of smart meters, its CEO and managing director Praveer Sinha said on Tuesday.
Tata Power Delhi Distribution will invest about Rs 200 crore for implementation of 2 lakh smart meters in the first phase, Sinha said.
"The communication backbone will be ready in 12 months. We will place orders for the first round of smart meters in the next financial year. Once the canopy is made, we can add more meters," Sinha said.
Installation of smart meters will help Tata Power Delhi Distribution that supplies power in north and north-western parts of Delhi, save cost of procurement of 25-mw peak-hour power requirement, Sinha said.
He also said that smart metering will help the utility in advanced monitoring and reducing commercial losses. Present commercial losses in the company's areas of operations stand at 8%.
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