GMR Group secures $298 million smart metering project from UP discom

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GMR Smart Electricity Distribution Private Ltd (GSEDPL) has received a Letter of Award (LOA) from Dakshinanchal Vidyut Vitran Nigam Ltd to implement a smart metering project in the Dakshinanchal (Agra and Aligarh zone) area of Uttar Pradesh.

GSEDPL will install, integrate, and maintain 25.52 lakh smart meters in the Agra and Aligarh zone.

GSEDPL won the project in an auction by UP Discoms for different areas of Uttar Pradesh.

The total contract value is about INR 2469.71 crore (around $298 million).

The project will span over a period of 10 years. The implementation tenure is expected to be 27 months from the execution of the contract and an operating period of 93 months.

“This advanced metering infrastructure (AMI) project shall include supply, installation, integration, commissioning, and operation & maintenance of smart meters on DBFOOT [design-build-finance-own-operate-transfer] basis backed by state-of-the-art technology and software solutions for end-to-end automated system management. The project will be executed under Revamped Distribution Sector Scheme (RDSS) and is expected to reduce the AT&C losses in the designated area and improve operational and collection efficiency of UP Discoms,” stated GMR.

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