GMR Power and Urban Infra Limited (GPUIL) have announced that its subsidiary, GMR Smart Electricity Distribution Company, successfully secured a smart metering project worth Rs 7,593 crore in Uttar Pradesh. The project was awarded under the Revamped Distribution Sector Scheme (RDSS) program initiated by the government of India.

"Subsidiary GMR Smart Electricity Distribution Pvt. Ltd has been awarded a prestigious order worth Rs 7,593 crore. The order, received under the DBFOOT (Design, Build, Finance, Own, Operate, and Transfer) model, entails 75.69 lakh prepaid smart meters across two discoms- Dakshinanchal Vidyut Vitran Nigam Limited (DVVNL) and Purvanchal Vidyut Vitaran Nigam Limited (PuVVNL), making it the largest combined package order of its kind," it said.

As part of the smart metering project, GMR Smart Electricity Distribution Company will implement its operations across 22 districts, encompassing notable regions such as Varanasi, Prayagraj, Agra, Mathura, and Aligarh, among other locations.

Srinivas Bommidala, Chairman – Energy, GMR Group, said, "These wins underscore GMR's commitment to pivot into green and technology-based energy business with customer-centric growth strategy. With this mandate, GMR group makes its entry into the B2C business in the power sector at a substantial scale and will create value for GPUIL shareholders. We consider this as a good beginning for our Energy 2.0 strategy of new growth business areas in the power sector and have plans in the offing for further initiatives in this space."

The project's scope entails the design, supply, installation, commissioning, operation, and maintenance of prepaid smart meter infrastructure at consumer premises and network level, including distribution transformers and feeders, for a duration of 10 years.

GMR Power and Urban Infra Limited (GPUIL) is a part of the GMR Group, renowned for its expertise in the fields of energy, urban infrastructure, and transportation.

Image source: ET