The smart metre market is expected to grow from $219.7 million in 2023 to $3,179.5 million by 2032, reflecting a CAGR of 34.57 percent from 2024 to 2032. As of January 2024, around 8.6 million smart consumer meters have been installed, with 3.02 million added in FY24...
The smart meter sector is witnessing a significant surge in demand, driven by the Indian government’s push for modernization and energy efficiency. Companies like Genus Power Infrastructures, HPL Electric and Power, and Adani Energy Solutions are at the...
The revolution happens when there is a crisis or a problem that needs to be solved. Likewise, the power companies in India especially Discoms faced the problem of power leakages, collection of money for electricity, and management of transmissions. This led to...
Smart meter: Prepaid smart meters are the new generation of energy meters installed in households and businesses that are used to record electricity consumption in real time. As they are connected to the internet, users can easily track and monitor electricity usage...
Smart Metering Stocks In India: In everyday life, electricity is a major part of our lifestyle and a necessity. The electricity payments are made after the use of power each month and became due. Nowadays, power companies are implementing prepaid payments using smart...
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