An upgrade to make energy solutions smarter
Smart meters are transforming India’s energy sector with 25+ crore installation, revolutionising energy distribution. These advanced IoT enabled devices, integral to Advanced Metering Infrastructure (AMI), enable real-time data collection, remote monitoring, and dynamic billing, helping the DISCOMs to reduce losses and improve efficiency. Supported by government initiatives like the RDSS, the smart metering upgrade is a solution to greener, smarter, and consumer-focussed energy ecosystem.
With smart metering, we are not merely modernising power distribution; we are revolutionising energy management, empowering communities, and forging the path towards a resilient and sustainable India.
31.34 lakhs
Smart meters installed
9
Contracts
Pipeline under implementation
~2.8 crore
Smart meters across Andhra Pradesh, Maharashtra, Assam, Bihar and Uttarakhand
₹27,195 crore
Contract value
Industry Scenario
India’s power distribution sector is undergoing a major transformation, driven by smart metering and grid modernisation initiatives. The Revamped Distribution Sector Scheme (RDSS) aims to instal 25+ crore smart meters by 2025, reducing losses and improving efficiency. Key initiatives like the Smart Meter National Programme (SMNP) and Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) are strengthening both urban and rural networks. With USD 100 billion in projected investments by 2030, the sector is set to enhance reliability, reduce AT&C losses below 12%, and integrate advanced technologies like IoT and AI, ensuring a more efficient and sustainable power ecosystem.
Opportunity Landscape
Smart Meter National Programme under RDSS aims for ambitious targets
- Improve quality, reliability, and affordability of power supplies
- Reduce aggregate technical & commercial (AT&C) loss to 12–15% by FY 2024-25
- Reduce average cost of supply-average revenue realised (ACS-ARR) gap to Zero by FY 2024-25
Government Target (Meters in crores)
15.52 crore
Smart meter bid awarded (LOA) and in negotiation (L1) stage
9.48 crore
Untapped market
Segment Overview
Adani Energy Solutions is leading India’s smart metering transformation under the RDSS, aiming to reduce AT&C losses to 12–15% and eliminate the ACS-ARR gap by FY 2024-25. As a key service partner to DISCOMs, Adani Energy Solutions instals and maintains smart meters nationwide through the DBFOOT model, offering hardware, communication networks, cloud infrastructure, and data management. Leveraging its distribution expertise in Mumbai and Mundra, Adani Energy Solutions is evolving from a service provider to an integrated solutions platform, strengthening distribution infrastructure and enhancing operational efficiency. This strategic shift aligns with India’s goal of modernising power distribution for greater reliability and financial sustainability.
First Mover with a Distinctive Advantage
As an early adopter, we have a significant edge over competitors, enabling us to capitalise on the growing demand and establish long-term market leadership.
Our unique achievements as a first mover
- Amongst the first AMI Service Providers (AMISPs) to achieve the highest per day installation of ~27,000 meters per day achieved in April 2025
- First AMISP in Andhra Pradesh to cross the 5 lakh smart meter installation milestone
- Only AMISP with capabilities for AI-based quality checks and fully automated meter allocation to the vendors
- Trusted partner to DISCOMs
We have been instrumental in driving consumer awareness and accelerating smart meter adoption nationwide. Our expertise in large-scale deployments, regulatory alignment and seamless integration with legacy systems make us a trusted partner to DISCOMs helping them reduce losses, enhance payment security and improve operational efficiency
Market Leading Position
We are a market leader in the segment, commanding a 17% market share. Our pipeline of deploying additional ~2 crore smart meters across key states further positions us to consolidate our market share.
Execution and Technology Excellence
With over 31 lakh smart meters already installed, ~2 crore in the pipeline and an execution capability of 27,000 meters per day, we are national benchmarks in large-scale project execution. Our expertise in handling complex, high-volume projects with precision and efficiency along with delivering advanced IoT-enabled smart meters and AMI systems highlight our operational and technological excellence.
Payment Security
Smart meters enhance payment security by enabling real-time consumption tracking and automated billing, eliminating manual errors and delays. Prepaid billing, postpaid alerts, and online payment integration ensure timely revenue collection while offering consumers flexible payment options. By reducing AT&C losses through minimised theft, tampering, and inaccuracies, smart metering strengthens DISCOMs' financial health. Additionally, data-driven insights improve revenue forecasting, cash flow management, and reinvestment in grid modernisation, renewable energy, and infrastructure upgrades.
Business Performance
- Strengthened collaborations with leading DISCOMs across India to address regional challenges, enhance network resilience, and integrate renewable energy
- Optimised processes and coordination, enabling installation of 31 lakh smart meters across multiple states, with plans to scale up to 70 lakh additional smart meters in FY 2025-26
- Upgraded data management and remote monitoring systems through Advanced Metering Infrastructure (AMI) Enhancement to improve grid efficiency and customer experience
- Enabling seamless communication between meters,
utilities, and consumers through IoT-Based Smart
Metering Solutions. Key features include:
- Real-Time Monitoring for better demand-side management and reduces energy wastage
- Two-Way communication enabling remote diagnostics, monitoring, and configuration
- Enhanced consumer engagement providing real-time usage insights via mobile apps and web portals
- Automated billing system eliminating manual readings, ensuring accurate, secure payments
- Tamper detection and theft prevention to instantly alert utilities of unauthorised usage
- Seamless AMI integration optimising grid performance and load management
Collaboration with Leading DISCOMs
MSEDCL
Maharashtra State Electricity Distribution Company Limited
APSPDCL
Andhra Pradesh Southern Power Distribution Company Limited
APCPSCL
Andhra Pradesh Central Power Systems Corporation Limited
APEPDCL
Andhra Pradesh Eastern Power Distribution Company Limited
BEST
Brihanmumbai Electric Supply and Transport
APDCL
Assam Power Distribution Company Limited
NBPDCL
North Bihar Power Distribution Company Limited
UPCL
Uttarakhand Power Corporation Limited
CASE STUDY
AI/ML-powered QA for Smart Meters
The success of smart meter deployment and the assurance of consumer safety are critically dependent on the quality of installations. To ensure that only high-performing, compliant meters are delivered to end-users, robust Quality Assurance (QA) mechanisms are imperative. Traditionally reliant on manual inspections, QA processes have struggled to scale with rising installation volumes, resulting in inefficiencies, inconsistencies, and susceptibility to human error.
To address these limitations, an AI/ML-powered QA tool has been implemented, representing a significant leap in the digitisation and automation of meter installation oversight. This intelligent system integrates rule-based validations with machine learning algorithms to perform real-time quality checks, automate compliance verification, and enhance safety and operational outcomes.
Key functionalities include automated detection of deviations, intelligent identification of workmanship issues, continuous monitoring, and seamless integration with project and installation workflows. The system currently supports approximately 25,000 daily installations, delivering a reduction of over 300 man-hours per day while significantly improving accuracy, consistency, and efficiency.
By digitising and automating QA processes, the tool enables timely resolution of quality issues, optimises resource allocation, and ensures adherence to regulatory standards. It enhances transparency, scalability, and control, thereby accelerating smart meter rollout, reducing costs, and reinforcing consumer trust – crucial to the success of smart grid modernisation initiatives.
Sustainability Performance
Renewable energy integration: Supports monitoring of solar and wind energy, reducing dependence on fossil fuels
Energy efficiency: Real-time data enables optimised energy use, lowering consumption and carbon emissions
Rural electrification: Facilitates cleaner and more efficient energy access in remote areas
Energy loss reduction: Detects theft and tampering, cutting AT&C losses and improving grid efficiency
Sustainability analytics: Tracks carbon footprint and energy savings, aiding environmental goals
Net-zero support: Enhances clean energy utilisation and reduces grid losses
Circular economy: Focusses on recycling and reusing meter components to reduce environmental impact
Sustainable supply chain: Partners with eco-conscious vendors to lower carbon footprint
Consumer engagement: Provides real-time data, promoting energy conservation and awareness
Outlook
The Indian smart metering market is poised for exponential growth, driven by rising demand for energy efficiency and government incentives. The focus for FY 2025-26 will be on accelerating smart meter installations and revenue generation while actively participating in major tenders to sustain a 17% market share and target 23-25% market share in the near term. Advancing digitalisation through data analytics and AI will enhance operational efficiencies, while new opportunities in gas metering and home automation will be explored to expand the business footprint. Addressing operational challenges and ensuring timely execution will be key to unlocking the full potential of this transformation.
