EDF India and Actis announce strategic partnership to develop advanced metering infrastructure in India
EDF India has announced a strategic joint venture (JV) with Actis, a leading global investor in sustainable infrastructure. This collaboration aims to operate a dedicated platform company for Advanced Metering Infrastructure Service Provider (AMISP) concessions. Under this joint venture, EDF India and Actis will bring together their global expertise in energy solutions and infrastructure investments.
Asanka Rodrigo, Partner at Actis said, “Smart metering is a critical component in ensuring efficient energy consumption, reducing losses, and improving billing accuracy for consumers. We look forward to working with EDF, a leader in the sector globally, to scale our joint venture in India.”
The Indian government is actively driving the National Smart Metering Project under the Revamped Distribution Sector Scheme (RDSS), targeting the deployment of 250 million smart meters by 2025. These advanced metering solutions are designed to enhance operational efficiencies, reduce aggregate technical and commercial losses, and bolster the financial sustainability of India’s power distribution companies (DISCOMs).
By leveraging cutting-edge technology, data analytics, and global best practices, the initiative aims to drive a transformative impact on the country’s power sector, benefiting both utilities and consumers alike.
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