💨 Abstract

The report by Care Edge Ratings suggests that India's power distribution companies could generate an additional revenue of around Rs 4 lakh crore over the next seven years by installing smart meters. The implementation of advanced metering infrastructure (AMI) has shown positive results, but the installation progress has been slow due to consumer resistance, operational challenges, and delayed budgetary support.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖