~Company has already installed 75000 smart meters and will touch the one lac mark by March 2023~
Tata Power Mumbai Distribution is spearheading the smart metering drive in Mumbai and will install one lakh smart meters by March, 2023.
The company will also ensure smart metering for all its 7.5 lac customers in Mumbai by FY25. It has already installed smart meters for over 75,000 customers. Tata Power Mumbai Distribution has undertaken several key steps for ensuring a fast-track installation of smart meters. This includes successful integration of a reliable and robust backend infrastructure for the 1 lakh smart metering points with end-to-end billing, customer relationship management (CRM), and Geographical Information System (GIS) within a short span of 6 months.
Additionally, a web portal and mobile application have also been developed for providing real time power consumption and analytics to all smart meter customers.
Speaking about the drive, Mr Nilesh Kane – Chief Mumbai Distribution, Tata Power said, "We are continually empowering our customers through smart and efficient energy solutions. With Smart meter data analytics, consumers can optimize their consumption and ensure savings in their energy bills. These meters are providing customers real time understanding of the power consumption on an hourly, daily and monthly basis. Valuable data analytics and benchmarking derived from the smart meters is being provided to customers for energy audits and better energy management making sustainable lifestyle attainable for them. "
Smart meter data is useful for network planning, capex optimization, energy audits and other activities like meter firmware updating through remote meter reconnection and disconnection metering, remote monitoring with minimal manual interventions and site visits. Tata Power has ensured more than 100 energy audits in the recent times. Smart Meters will also help in providing transparency along with bouquet of value added features.
Thecompany's smart metering program is in alignment with Government of India’s National Smart Grid Mission (NSGM) which aims at accelerating the deployment of smart meters.
Smart meters installation is an important step towards grid modernisation as it helps in reduction of AT&C losses, real time energy audits, timely and accurate billing, reduction in carbon footprints, quick outage detection, accurate load forecasting and overall improved service quality for utility firms.
Tata Power (NSE: TATAPOWER; BSE:500400) is one of India’s largest integrated power companies and together with its subsidiaries and jointly controlled entities, has an installed/managed capacity of 13,974 MW.
The company has a presence across the entire power value chain - generation via renewables as well as conventional power including hydro and thermal energy; transmission & distribution, coal & freight, logistics, and trading. The company had developed the country’s first Ultra Mega Power Project at Mundra in Gujarat based on super-critical technology. With 5.1 GW of clean energy generation the company has 37% of clean portfolio. It has successful public-private partnerships in generation, transmission & distribution in India.
Tata Power is currently serving more than 12 million consumers via its Discoms, under a public-private partnership model viz Tata Power Delhi Distribution Ltd. with the Government of Delhi in North Delhi, TP Northern Odisha Distribution Limited, TP Central Odisha Distribution Limited, TP Western Odisha Distribution Limited, and TP Southern Odisha Distribution Limited with the Government of Odisha.
With a focus on sustainable and clean energy development, Tata Power is steering the transformation as an integrated solutions provider by looking at new business growth in distributed generation through rooftop solar and Microgrids, storage solutions, solar pumps, EV charging infrastructure, ESCO, home automation & smart meters et al.
With its 107 legacy of technology advancements, project execution excellence, world-class safety processes, customer care, and green initiatives, Tata Power is well poised for high growth trajectory and is committed to lighting up lives for generations to come. For more information visit us at: www.tatapower.com.
