EDF India has announced a strategic joint venture with Actis to develop advanced metering infrastructure in India. Actis, a global investor in sustainable infrastructure, will collaborate with EDF India to operate a platform company dedicated to Advanced Metering Infrastructure Service Provider (AMISP) concessions. This partnership reinforces both companies’ commitment to investing in India’s power sector and supporting its modernization.
The Indian government is actively promoting the National Smart Metering Project under the Revamped Distribution Sector Scheme (RDSS), aiming to install 250 million smart meters by 2025. These meters are expected to enhance operational efficiency, reduce technical and commercial losses, and improve the financial stability of power distribution companies (DISCOMs).
Federico D’Amico, CEO of EDF India, expressed enthusiasm for the collaboration with Actis, emphasizing its potential to accelerate smart metering deployment across the country. He highlighted that the partnership aligns with India’s energy transition goals by leveraging global expertise in digital grid technologies.
The joint venture aims to contribute to a more resilient and efficient power distribution system by incorporating advanced technology, data analytics, and international best practices. The initiative is expected to drive significant improvements in billing accuracy and energy consumption management while reducing overall losses for utilities.
Asanka Rodrigo, Partner at Actis, noted that smart metering plays a crucial role in ensuring energy efficiency and accurate billing for consumers. He emphasized Actis’ commitment to India’s power sector and expressed confidence in working with EDF to scale the venture nationwide.
This partnership marks an important step toward strengthening India’s power infrastructure and supporting its vision for a sustainable and technologically advanced energy sector.
){kind=link}
