Polaris Secures Rs.2,246 Cr Project in West Bengal

14 May 2024 CW Team

The project aims to revolutionize electricity distribution in West Bengal by deploying cutting-edge smart metering technology. These smart meters enable real-time monitoring of energy consumption, enhancing operational efficiency and empowering consumers with valuable insights into their usage patterns.

With this significant investment, Polaris is poised to play a pivotal role in modernizing West Bengal's power distribution network. The adoption of smart metering technology promises to streamline billing processes, reduce energy losses, and mitigate revenue leakages, ultimately benefitting both consumers and utilities.

Polaris's expertise in implementing large-scale infrastructure projects positions it as a trusted partner in the energy transition journey. By leveraging advanced digital solutions, the company is driving innovation across the power sector and facilitating the transition towards a more sustainable and resilient energy ecosystem.

The project's magnitude reflects the growing demand for smart grid solutions in India's energy landscape. As the nation accelerates its digital transformation agenda, investments in smart metering infrastructure are becoming increasingly vital to address evolving energy needs and enhance grid reliability.

Moreover, the deployment of smart meters aligns with the government's vision of fostering energy efficiency and promoting renewable energy integration. By facilitating demand-side management and enabling dynamic pricing mechanisms, smart metering paves the way for a more flexible and responsive electricity grid.

Beyond its immediate benefits, the project holds long-term implications for West Bengal's energy sector. The implementation of smart metering infrastructure lays the foundation for future advancements such as grid modernization, integration of distributed energy resources, and adoption of electric vehicles.

In conclusion, Polaris's acquisition of the ?2,246 crore smart metering project underscores its commitment to driving innovation and sustainability in the energy domain. By embracing digital technologies and fostering strategic partnerships, the company is poised to lead the transformation of India's power sector, setting new benchmarks for efficiency, reliability, and customer-centricity.

Polaris, a leading player in the energy sector, has clinched a substantial smart metering project worth ?2,246 crores in West Bengal, India. This strategic move underscores Polaris's commitment to bolstering the state's energy infrastructure and advancing digital solutions in the power sector. The project aims to revolutionize electricity distribution in West Bengal by deploying cutting-edge smart metering technology. These smart meters enable real-time monitoring of energy consumption, enhancing operational efficiency and empowering consumers with valuable insights into their usage patterns. With this significant investment, Polaris is poised to play a pivotal role in modernizing West Bengal's power distribution network. The adoption of smart metering technology promises to streamline billing processes, reduce energy losses, and mitigate revenue leakages, ultimately benefitting both consumers and utilities. Polaris's expertise in implementing large-scale infrastructure projects positions it as a trusted partner in the energy transition journey. By leveraging advanced digital solutions, the company is driving innovation across the power sector and facilitating the transition towards a more sustainable and resilient energy ecosystem. The project's magnitude reflects the growing demand for smart grid solutions in India's energy landscape. As the nation accelerates its digital transformation agenda, investments in smart metering infrastructure are becoming increasingly vital to address evolving energy needs and enhance grid reliability. Moreover, the deployment of smart meters aligns with the government's vision of fostering energy efficiency and promoting renewable energy integration. By facilitating demand-side management and enabling dynamic pricing mechanisms, smart metering paves the way for a more flexible and responsive electricity grid. Beyond its immediate benefits, the project holds long-term implications for West Bengal's energy sector. The implementation of smart metering infrastructure lays the foundation for future advancements such as grid modernization, integration of distributed energy resources, and adoption of electric vehicles. In conclusion, Polaris's acquisition of the ?2,246 crore smart metering project underscores its commitment to driving innovation and sustainability in the energy domain. By embracing digital technologies and fostering strategic partnerships, the company is poised to lead the transformation of India's power sector, setting new benchmarks for efficiency, reliability, and customer-centricity.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..