SMNP

Smart Meter Makers to See 20% Revenue Rise This Fiscal: Crisil

Indian smart electric meter manufacturers are set to record around 20 percent revenue growth this fiscal, similar to fiscal 2025, with total turnover likely to reach Rs 9,000 crore, Crisil Ratings said in a report. The key driver is the easing of implementation bottlenecks under the government’s Smart Meter National Programme (SMNP), which aims to […]

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Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL

CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore  (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […]

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