IntelliSmart looks to enter gas distribution metering segment

December 25, 2024 - By admin

Smart metering and digital solutions company IntelliSmart Infrastructure is looking to enter the gas distribution metering segment.

ET Year-end Special Reads

The joint venture of National Investment and Infrastructure Fund and Energy Efficiency Services Ltd expects tenders to be floated for at least 50,000 gas smart meters this fiscal year, CEO and MD Anil Rawal told ET.

The company has been engaged in the power sector but having completed its pilot project for metering in gas distribution in Assam, it plans to participate in other upcoming tenders in the segment.

“My view is in this financial year there will be tendering of at least 50,000 smart meters on gas, and next year, you will see more numbers,” Rawal said.

Gas metering is a huge opportunity for the company, Rawal said, adding that while maintaining meters is more costly in the household segment, removing human intervention will save a lot of money for a utility. Aspects like auto-tripping with smart meters helps consumers in managing their gas consumption, he added.

Rawal said IntelliSmart has been looking to diversify its portfolio. It is currently doing billing systems and will be exploring opportunities in command centres for power distribution companies. The company has already bid to create a command centre in Gujarat.

Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.