8.75 (2.44%) 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.