Fluentgrid is implementing its AMI product suite for a smart metering project in Port Blair, as a consortium partner with Bosch. The project being rolled out by EESL as part of the Smart Meter National Programme was launched by our Hon’ble Vice President of India, Shri M. Venkaiah Naidu in Andaman and Nicobar Islands on 17th January 2020.Project launched by Hon’ble Vice President of India, Shri M. Venkaiah Naidu & other officials in Andaman and Nicobar Islands
Scope of this project is to implement our Fluentgrid AMI product suite comprising of Fluentgrid MDMS™, Consumer Portal, Mobile App & Analytics in partnership with Bosch. The project covers over 76,000 smart metering points around Port Blair, the capital city of Andaman & Nicobar Islands, a union territory of India. This project is being implemented under the Government of India’s Deen Dayal Upadhyaya Gram Jyoti Yojana for Rural Electrification & Integrated Power Development Scheme (IPDS).
Union Finance Minister, Shri Nirmala Sitharaman in her budget speech stressed the need to deploy smart meters on a mission mode in the next three years for transforming electricity distribution companies, many of which are running huge losses due to unpaid dues besides power thefts and transmission losses.
Energy Efficiency Services Limited (EESL) is deploying millions of smart meters across India in partnership with power utilities on a unique OPEX business model. Widespread rollout of smart meters is expected to give significant boost to distribution companies in operations, billing and collections besides helping in swiftly rebalance the grid’s energy sources to achieve renewable energy infusion.
With smart meters, the distribution companies can explore Time of Use (ToU) tariffs that are designed to incentivise customers to use more energy at off-peak times, in order to balance demand. These tariffs charge cheaper rates at certain times of day or night when demand is at its lowest, and higher rates when demand is at its peak.