•
Lowest quote of Rs.
2722, per single phase smart meter
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Genus Power and
KEONICS emerge as second and third lowest bidders
Larsen & Toubro (L&T) has
emerged as the lowest bidder of the tender issued by energy Efficiency Services
Limited (EESL) to procure 50 Lakh smart meters. The company has been selected
through an international competitive bidding. The meters will be installed over
a period of 3 years in a phased manner in Uttar Pradesh UP) and Haryana.
L&T quoted the lowest price of Rs. 2722, per single phase smart meter.
The tender floated by EESL, a company
under the administrative control of Ministry of Power, Government of India
(GoI), is the world’s
largest single Smart Meter procurement. Fourteen leading manufacturers from
around the world participated in the tender. 40 lakh smart meters will be
deployed in UP and the remaining 10 lakh in Haryana. The price quoted by
L&T is 40-50% lower than the current market rates.
Smart meters are a part of the overall
Advanced Metering Infrastructure Solutions (AMI) aimed at better demand
response designed to reduce energy consumption during peak hours. The overall
AMI solution will also have a system integrator who will be responsible for
meter installation, data storage on cloud, preparing dashboards, etc. The bids
for the system integrator will open on October 31, 2017.
The meters are being procured for
implementation of smart grid projects in Haryana and Uttar Pradesh since these
states grApple with huge AT&C losses, with the latest figures for both
states being 28.42% and 34.36% respectively[1].
The smart meters will help these states in not only significantly reducing
their AT&C losses by way of increased billing efficiency, but will
completely change the way in which electrical energy is presently being
consumed and paid for by the consumers. Installation of these smart meters
along with its associated communication and IT infrastructure will enable the DISCOMs
to obtain real time energy consumption data of each consumer for subsequent
analysis.
The Smart meters procured by EESL use
GPRS technology to allow 2 –way
communication between the DISCOM and consumers. Once installed, an energy
supplier can read a meter via the mobile phone network. Householders can also
receive a digital display which helps them to access how much power they are
consuming – and
its cost – in
real time. Smart meters enable one to see the consumption pattern and the cost.
This means one can adapt the energy use and cut down on waste to provide
financial savings to consumers. They further provide an accurate and real-time
information about the energy use, enabling one to take informed decisions about
their energy behaviour.
EESL is procuring the smart meters and
services of the system integrator with 100% investment and the utilities will
make zero-investment. The repayment to EESL will be through savings resulting
from enhanced billing efficiency, avoided meter reading costs, etc. It is said
that the average cost of meter reading is Rs. 40 per meter, which will be
completely avoided.
EESL is driven by the objective of
facilitating faster adoption of disruptive Technology solutions while balancing
economic development and environmental sustainability. EESL is committed to
enabling a complete transformation of the energy infrastructure in the country
with unique solutions.
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