#NSE0081– Here is the list of Stock related to Smart Meters.
Genus Power Infrastructures Ltd
Genus Power Infrastructures Ltd. is a significant player in the smart metering industry. With a range of smart metering solutions that cater to various utilities, including electricity, solar, and gas, the company seems to be at the forefront of energy management technology. Pre-payment Meters/Smart Street Light Management/Net-Metering for Rooftop Solar/Gas Meters
60M+ Meters Installed The large number of installations indicates robust technology and trust in their metering solutions. Approximately 72% Market Share in Smart Meter.
Permanent Magnets Ltd.
The fact that 50% of their revenue comes from smart meter-related products indicates a strong specialization in this area, possibly making them a leading supplier of these critical components in the smart meter market.
Techno Electric & Engineering Company Ltd.
Techno Electric & Engineering is heavily involved in rural electrification through the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), an Indian government initiative aimed at providing electricity to rural households across the country. STATCOM Devices are used for reactive power compensation, crucial for improving the efficiency and stability of the power systems.
The company’s receipt of a ₹210 crore order to install 200,000+ smart meters in Jammu & Kashmir, with a larger order book of ₹1700 crore for smart meters, highlights its significant role in the smart meter market. Aiming to achieve annual revenues of ₹2000 to ₹2500 crore in the smart meter segment suggests aggressive growth plans and confidence in the expansion of this market segment.
Bharti Airtel Ltd.
Partnership with Adani Energy Solutions and This collaboration to deploy smart IoT solutions for 20 million smart meters underscores Airtel’s strategic entry into energy management, leveraging its expertise in telecommunications and IoT technology. This partnership can significantly impact how energy data is managed and utilized, enhancing efficiencies across the board.
India Power Corporation Ltd.
As a leader in digitalizing the utility sector, India Power employs advanced smart meter solutions, IoT devices, and 3-phase meters. Such technologies are integral in modernizing infrastructure and ensuring efficient energy distribution and billing.
Securing a contract for 350,000 smart meters in five towns of Madhya Pradesh shows their growing influence and the trust regional governments have in their technology and execution capabilities.
GMR Power & Urban Infra Ltd.
GMR’s involvement through its subsidiary in such a large-scale smart meter installation project indicates a significant operational capacity and a strong position in utility management.
76 Lakh Prepaid Smart Meters Installation and This large project in Uttar Pradesh reflects their capability in handling massive infrastructural projects and underscores the trust placed in them by governmental entities. 10-Year Maintenance and Integration Contract This long-term commitment not only ensures steady revenue but also positions them as a long-term player for similar projects in other regions. Total Contract Value of ₹7,593 Crore This substantial contract value highlights the scale and economic impact of the project.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
