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NTPC’s JV enters into pacts to install smart prepaid electricity meters in Bihar

01 Feb 2021 Evaluate

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, has entered into agreements with South Bihar Power Distribution Company (SBPDCL) and North Bihar Power Distribution Company (NBPDCL) for the installation of 2.34 million smart prepaid meters in Bihar, under its Smart Meter National Programme. This is the first time that smart prepaid meters are being installed at this scale, and are set to have a transformative impact on the state’s energy landscape.

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 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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