Latest news with #RevampedDistributionSectorScheme
Time of India
4 hours ago
- Business
- Time of India
Vodafone Idea's enterprise unit exploring IoT-enabled smart meter business in multiple sectors
NEW DELHI: Vodafone Idea is seeking to leverage its Internet of Things (IoT) network to explore smart meter-driven business opportunities in multiple industries including oil and gas, while scaling up in the electricity segment, the telecom carrier's enterprise unit said. "Similar to electricity, we are exploring possibilities in collaboration with city gas distributors (CDGs), advanced metering infrastructure service providers (AMISPs), and gas meter manufacturers. We are engaged in a pilot project for commercial gas smart meters leveraging NB-IoT," a Vi Business spokesperson exclusively told ETTelecom . Vi, along with its private sector rivals Bharti Airtel and Reliance Jio , is bullish on the IoT opportunity, backed by the Central government's initiatives such as the Revamped Distribution Sector Scheme (RDSS), which seeks to replace 250 million traditional electricity meters with prepaid, IoT-enabled meters by March 2028. IoT is a crucial cornerstone of all telcos' enterprise strategy. ETTelecom previously reported why Jio, Airtel and Vi are bullish on this technology to drive their business-to-business (B2B) segment growth. IoT adoption in India's electricity sector significantly outstrips other utility segments, driven by a strong regulatory mandate and robust government support, according to Counterpoint Research. The research agency said that other sectors, including water and gas, face pricing constraints, regulatory complexity, and fragmented ecosystems. Recently, Vi said it will connect 12 million smart electricity meters nationwide within the next three years, aligned with the India Smart Grid Mission, to allow distribution companies (DISCOMs) to reduce aggregate technical & commercial (AT&C) losses and provide consumers with immediate and transparent insights into their energy consumption. "The 12 million smart meters deployment shall be done through the AMISPs partnerships and the deployments would spread across 8 DISCOMs," the spokesperson said. "We are actively engaged with AMISPs and private DISCOMs with our innovative technology solutions to enhance productivity, leading to cost savings and better service delivery," it added. As per the spokesperson, Vi directly engages with private DISCOMs, with the latter managing their own smart meter deployments. On the contrary, AMISPs deploy smart meters for state-owned DISCOMs, and either have direct contracts with state-owned DISCOMs or work with REC/Power Finance Corporation (PFC). AT&C loss reduction The Vi Business spokesperson said that DISCOMs have recorded a reduction in the AT&C losses, improvements in collections, and other benefits by implementing smart meters. "The real-time consumption data and analysis-driven insights are paving the way for implementing prepaid mechanisms along with remote connection and disconnection capability; enablement of insights to exercise dynamic power purchase as an option as per requirement; peak demand analysis; and distribution and capacity planning," the spokesperson said. The Ministry of Power, in an official statement this February said AT&C losses reduced from 22.62% in 2014 to 15% in 2025, which will be further reduced to 10% by 2030. To recall, in September 2022, Vi Business had partnered with the Energy Efficiency Services Limited (EESL) to install 50 lakh Internet of Things (IoT)-enabled smart meters for DISCOMs in Uttar Pradesh and Haryana. Vi – a joint venture between India's Aditya Birla Group and the UK's Vodafone Group Plc – said in an investor's presentation in June 2025 that it also sees a strong potential in automotive, vehicle tracking systems, energy, utilities, among others. It is expanding its footprint in diverse use cases, including battery monitoring, sound box, transport management, solar and water management, and smart street lighting. Vi says it is the first telco to have an end-to-end Integrated IoT offering, comprising connectivity, hardware, network, application, analytics, security and support.
The Hindu
a day ago
- General
- The Hindu
Power shutdown in Eluru on August 9 for 33 kv line works
As part of the establishment of a new 33 kv line from Gudigunta Substation to Munduru under the Revamped Distribution Sector Scheme (RDSS), power supply will be suspended on Saturday, August 9, from 10 a.m. to 5 p.m., according to K.M. Ambedkar, Executive Engineer, Eluru Operation Circle, Eastern Power Distribution Company of Andhra Pradesh (APEPDCL). Agricultural power will be available from 3 a.m. to 10 a.m. and again from 10 p.m. to midnight. Mr. Ambedkar urged farmers to plan their activities accordingly. He added that there would be no disruption in domestic power supply during this period.
New Indian Express
4 days ago
- Business
- New Indian Express
TNPDCL receives 50 bids for 3 crore smart meter project after nine deadline extensions
CHENNAI: The Tamil Nadu Power Distribution Corporation Limited (TNPDCL) is believed to have received around 50 bids in total for the tenders it had floated in six separate packages to install 3 crore smart meters across Tamil Nadu in two phases. After extending the deadline nine times since April, mainly due to various clarifications sought by potential bidders, the deadline for submission of bids ended by 2 pm on Tuesday, soon after which the bids were opened. A senior TNPDCL official told TNIE that not more than 50 bids had been received for all six separate tender packages together. 'We are now reviewing the technical and commercial aspects of the bids. A special committee has been formed to hold negotiations with bidders. Those who agree to take up the work at the lowest price with adherence to all technical and regulatory compliance will be given priority,' the official said. Adani Energy Solutions Limited was the lowest bidder in the previous tender. However, during negotiations, TNPDCL cancelled the entire process and called for fresh tenders on March 14. After postponing the bid opening date nine times, the bids have now finally been opened. The corporation plans to complete the negotiation process and finalise the tenders before the first week of September. Initially, TNPDCL had planned to install three crore smart meters in one phase under the Revamped Distribution Sector Scheme. However, the plan was later revised to be executed in two phases. In the first phase, 1.4 crore smart meters will be installed across the state.
Time of India
5 days ago
- Business
- Time of India
Parth Electricals IPO opens to raise ₹62 crore for GIS expansion in Gujarat, Odisha
New Delhi: Vadodara-based Parth Electricals & Engineering Ltd has launched its ₹62 crore initial public offering (IPO) on NSE Emerge to fund expansion of its Gas Insulated Switchgear (GIS) manufacturing facilities in Gujarat and Odisha. Of the total issue, the company had already raised ₹13.8 crore in an anchor round from Capri Global Capital, Beacon Stone Capital, and IndiaMax Investment Fund, while Waaree Sustainable Finance Pvt Ltd had invested ahead of the IPO. The IPO, which opened on August 4, is priced in the band of ₹160–₹170 per share, with the public issue component aimed at raising ₹49 crore. Founded in 2005 by former Siemens engineer Jignesh Patel, the company manufactures and installs key power distribution infrastructure including Ring Main Units (RMUs), Compact Substations, and Gas Insulated Switchgear, critical to India's grid upgrades, renewable energy evacuation, and smart city projects. Parth Electricals operates under a licensing arrangement with Schneider Electric SAS, France, to manufacture and sell type-tested RMUs and compact substations. It also has a technology transfer agreement with Hezong, China, for the production of GIS systems ranging from 33kV to 220kV. The company clocked ₹174.7 crore in revenue in FY25, up from ₹86.9 crore the previous year. Profit after tax was ₹10.1 crore, while EBITDA stood at ₹17.5 crore. The company reported a Return on Capital Employed (RoCE) of 46%. Parth has an existing capacity to produce 3,000 RMUs and 100 compact substations annually. The new GIS manufacturing unit in Vadodara will serve 33kV–132kV demand, while the Odisha unit will cater to eastern India's infrastructure needs. In March 2024, Parth supplied 225 RMUs to UGVCL under the Revamped Distribution Sector Scheme (RDSS). Its client list includes Tata Steel, Adani, IOCL, Reliance, and Essar, with project executions including emergency GIS deployment at Jamnagar refinery and 220kV GIS for Tata Steel at Kalinganagar. The company has also entered international markets with a $4.8 million LT panel order for Mesabi Metallics in the United States and is in the process of obtaining UL certification to expand in North America. On the sustainability front, Parth operates a rooftop solar plant at its Vadodara unit, has partnered with Tata Power Renewable Energy Ltd for clean energy at its Odisha unit, and refurbishes used RMUs to reduce industrial waste. 'Whether it's smart cities, renewable parks, or public transport electrification, our focus is to deliver safe, scalable, and localised power solutions that India needs for the next 25 years,' said Jignesh Patel, Chairman & Managing Director, Parth Electricals.
Hindustan Times
7 days ago
- Business
- Hindustan Times
Ensure uninterrupted power supply: GB Nagar DM to discom
Gautam Budh Nagar district magistrate Medha Roopam on Saturday directed officials of the power discom to ensure uninterrupted electricity supply across urban and rural areas, particularly during the ongoing monsoon season. She also asked them to expedite repair of faulty lines and replace ageing wires to prevent outages. Gautam Budh Nagar district magistrate Medha Roopam. 'The monsoon season poses specific risks for power infrastructure. Any repair or replacement work must be completed on priority. Officials must ensure that both urban and rural residents don't face disruptions,' she said. The district administration also flagged delays in transformer repairs and stressed the need for swift redressal of consumer complaints. 'Public inconvenience due to power outages must be minimised. Delays in resolving complaints are not acceptable,' the DM said. Discom officials said maintenance teams have already been deployed and key vulnerable lines and transformers are being identified. 'We have been taking steps to strengthen weak points in the network. SCADA work under the RDSS project is progressing, and we are also replacing poles and cables in several localities,' said Vivek Kumar, superintending engineer of Paschimanchal Vidyut Vitran Nigam Limited, Noida. The meeting comes days after Uttar Pradesh power minister A K Sharma, in a separate review session, instructed authorities to ensure uninterrupted power supply in Noida. He also reviewed the progress of key infrastructure upgrades under various state and central schemes. Earlier this year, the Uttar Pradesh Power Corporation Limited (UPPCL) approved a ₹97 crore allocation for Gautam Buddh Nagar for the 2025–26 financial year to bolster electricity infrastructure across the district. Additionally, under the ₹1,313 crore Revamped Distribution Sector Scheme (RDSS) of the central government, engineering firm L&T has been commissioned for SCADA-related work in Noida. Another implementing agency for the remaining components of the scheme is expected to be finalised this month. Officials said the RDSS will focus on building new substations and reinforcing existing distribution lines, while parallel projects will tackle the replacement of ageing transformers, poles, and overhead cables, particularly in Noida's older sectors and new developing zones where infrastructure has not kept pace with rapid urbanisation.
