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Electrical Equip. /Consumer Electronics

Govt earmarks Rs 22,500 crore (€2.6 billion) for smart pre-paid meters under new discom scheme

States which can install smart prepaid meters before December 2023 will also be eligible for an additional incentive of Rs 450 per meter. According to an office memorandum released by the Union power ministry on the contours of the discom scheme, the new meters are to be installed first in the 500 cities covered under the Atal Mission for Rejuvenation and Urban Transformation (Amrut) programme where aggregate technical and commercial (AT&C) losses — an indicator of pilferage — are greater than 15%.

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