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NTPC’s JV teams up with NIIF for deployment of smart meters pan India

10 Oct 2019 Evaluate

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, has teamed up with the National Investment and Infrastructure Fund (NIIF) to implement, finance and operate the smart meter roll-out programme of power distribution companies.

NIIF and EESL formed a new joint venture, IntelliSmart Infrastructure (IntelliSmart), for the smart meter roll-out programme.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 320.50
Tata Power 351.40
Adani Power 199.40
Power Grid Corpn. 257.15
Adani Energy Solut. 1350.00
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