MIC Electronics, LED Technology Company which has experience is providing billing solutions to telecom companies, is working on a strategy to provide similar solutions to power distribution utilities. The company is pinning hopes on the Accelerated Power Development and Reform Programme (APDRP) of the government for its foray in the energy sector.
MIC plans to bring new backend technology to modernise billing activity in power distribution. For technology, it is talking to the Australia-based Hansen Technologies. It has not yet signed them, but would be their partners in the Indian market. Hansen has already implemented its billing solutions in other parts of the world and the same technology would now be available to Indian distribution companies, too
The company has completed the initial phases of bidding in
While the budget for this in
| Company Name | CMP |
|---|---|
| Havells India | 1256.25 |
| Siemens | 3830.55 |
| Apar Inds | 12453.25 |
| ABB India | 7245.55 |
| Waaree Energies | 3139.55 |
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