Polaris secures deals and deploys 5.1 mn smart meters in Uttar Pradesh
POWER & RENEWABLE ENERGY

Polaris secures deals and deploys 5.1 mn smart meters in Uttar Pradesh

Polaris Smart Metering, a provider of advanced smart metering solutions, announced that it had secured two contracts valued at over Rs 52 billion for the implementation of smart prepaid metering systems in Uttar Pradesh.

It was revealed that the contracts had been awarded by Madhyanchal Vidyut Vitran Nigam (MVVNL) and involved the installation of more than 5.1 million smart meters in key clusters, including Lucknow and Ayodhya/Devipatan, over the next 27 months.

According to the terms of the agreement, Polaris would be responsible for supplying, installing, commissioning, and maintaining smart meters across the consumer base in these clusters for the next decade.

The smart meters, as per the plan, would enable prepaid billing, real-time energy monitoring, accurate metering, and improved grid management capabilities.

The comprehensive initiative was said to fall under a design-build-finance-operate-own-transfer agreement.

In addition to the Uttar Pradesh project, Polaris had also received letters of award from West Bengal and Manipur, totalling over Rs 24 billion. These contracts aimed to oversee the installation of more than 2.3 million smart meters across these two states.

The implementation of smart meters was highlighted as a means for Distribution Companies (DISCOMs) to reduce losses and empower consumers. The introduction of smart prepaid meters was intended to provide consumers with better control over their energy consumption.

It was emphasised that, through real-time access to energy usage data, consumers could effectively monitor and manage their consumption patterns.

Polaris Smart Metering, a provider of advanced smart metering solutions, announced that it had secured two contracts valued at over Rs 52 billion for the implementation of smart prepaid metering systems in Uttar Pradesh. It was revealed that the contracts had been awarded by Madhyanchal Vidyut Vitran Nigam (MVVNL) and involved the installation of more than 5.1 million smart meters in key clusters, including Lucknow and Ayodhya/Devipatan, over the next 27 months. According to the terms of the agreement, Polaris would be responsible for supplying, installing, commissioning, and maintaining smart meters across the consumer base in these clusters for the next decade. The smart meters, as per the plan, would enable prepaid billing, real-time energy monitoring, accurate metering, and improved grid management capabilities. The comprehensive initiative was said to fall under a design-build-finance-operate-own-transfer agreement. In addition to the Uttar Pradesh project, Polaris had also received letters of award from West Bengal and Manipur, totalling over Rs 24 billion. These contracts aimed to oversee the installation of more than 2.3 million smart meters across these two states. The implementation of smart meters was highlighted as a means for Distribution Companies (DISCOMs) to reduce losses and empower consumers. The introduction of smart prepaid meters was intended to provide consumers with better control over their energy consumption. It was emphasised that, through real-time access to energy usage data, consumers could effectively monitor and manage their consumption patterns.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code