SMART METER / AMI

-SUMIRAN BANSAL

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 POTENTIAL BENEFITS FROM SMART
METERING FOR NATION
2,00,000 2,500
National AT&C losses stand at 23%as of FY 2021-22 but
1,80,000 the actual losses including agriculturallosses maylie b/w
2,192
1,60,000 1,743 2,000 30-35%
Amount (Rs. cr.)

1,40,000 1,300 1,17,272

Sales (BUs)
1,20,000 1,500 Gross energy sold by Discoms was ~1100BU in FY 2020-21
93,251 with a billing efficiency of 83.42%and collection efficiency
1,00,000 958
80,000 69,550 1,000 of 93.49%
60,000 51,253
40,000 500 Smartmetersprovide an excellent solution to increase
13,000 12,201 10,960
20,000 efficiencies

FY 2019 FY 2022 FY 2027 FY 2032 Therefore, SMNP has targetedto implement 25cr. smart
meters inthe country
TotalCommercialLosses (INRcr.) TotalCommercialLosses aherSM(INRcr.)
Sales(BUs)

Potential savings Cumulative commercial Investmentrequired Cumulative commercial

from 2021to losses withoutsmartmeters for smartmeters losses withsmartmeters Overall potentialsavings
2031-32 withAMI

Assumptions: AverageBilling@ INR5/unit |

Data Source:CEA19th Electric Power Survey Report &PFC Report onPerformanceof statepowerutilities22018-19
 BUSINESS
MODEL
SMARTMETER CLOUD INFRASTRUCTURE SCM APP & WEBPORTAL

Balance
Daily LLP & BP Update
from meter
CELLULAR/

Credi
New
RF/PLC

t
Meter Event Payment
Gateway Billing System Other System
HES MDMS
Discom’s Legacy Systems

CAPEX

Servicer O&M COST

Implementation on DBFOOTmodel
No upfront CAPEXfrom utilities
PAYMENT Cost discovery for value chain through competitive bidding
CLOUD & TSP CHARGES
BUILT-UP PHASE (monthly fee O & M PHASE
1.5 - 3 YEARS 5 - 6.5 YEARS Recovery of actual cost along with nominal RoE
for meters
installed) INTEREST Payment based on SLAs met

RoE

DBFOOTmodel relieves discom from upfront financial commitments, ensures performance through well-defined SLAs and supports large-scale operations
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by bringing time & costeGiciencies
 DIGITAL
INITIATIVES
Enterprise IT Infrastructure Smart Meter as a tool for Disaster Management
- Supports multiple technologies and products - Capacitors or batteries store sufficient energy to send out a “dying gasp”
messagein the event of power loss
- Cluster-based scalablearchitecture
- Composite solutions on secured &well-managed architecture Smart Meter Hub
- Single Point Entryinto the consumerhome
P2P Block Chain for RookopSolar - Electricity, gas,water, broadband all to be done through single hub
- Trading based on P2P modelsusing blockchain
- Market place for prosumersand consumersfor trading

EV Charging Platform
- Aggregation of in-home/residential electric car charging stations
- Lastmile electric networkasset managementbased on IoT/ AMI&
AI/MLtechniques

Gas Metering
- Implementation of smartmeteringin gassector
- Globally acceptedstandard

Stack for RF and CellularCommunication

- RFMesh/NBIoT/Cellular Integrationfor Electricity &Gas
- Common NIC & Stack Cellular +RF withSingle Antenna
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VALUE PROPOSITION FORDISCOM
AMI Driven Technologies paves the path for DISCOM Modernization through digital interventions

Remote Operations SmartGrid Demand Response

Remote configurability Early detection and response to load
Remote disconnectionand increase
reconnection Real-time information to consumers
about consumption and pricing, and
verification of consumer’s load
curtailment
TOD/TOU Demand
TOD/TOU Response AI/ML Based Advance Data
TOD/TOUtariff for flatteningof load Analytics
curve AMI Driven Resourceoptimization
Easy to incentivize consumers Interventions Plugging ofrevenue leakages
to shih their non-essentialload

Smart Grid AI/MLBased Net ZeroFuture

Accurate and timely meterreading Remote AdvancesData Demand side flexibilityenabling
Operations Analytics
for loss reductioninterventions REpenetration
Real- time alerts for preventive actions Opportunity for consumersto turn
prosumers

NetZero
Future
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 BUSINESS STRUCTURING OF NEW PROJECT
OEMs Vendor / Servicer Discoms
Supply Supply to Implementation underDBFOOT Smart metering Provide clearanceand
SmartMeters Vendor model (2-3years) implementation approvals
Communication infra O&M for7-8 years On ground support to field
Recovery of actual cost along personnel
Cloud infra
with nominal RoE (14%) Payment of Consumer details
HES Payment of
component supplycharges Delivery of end-to-end solution monthly OPEXcharges Support in integration with
MDMS legacy system

Vendor Payment
(Monthly Fee for Meters
Installed)

Capex O&MCost Cloud & TSPCharges Interest RoE

Competitive Bids under DBFOOT Model ensures large scale operations by bringing time & cost efficiencies6
 INVESTABLE OPPORTUNITY
EXPECTED INVESTMENT(IN MILLIONS)
State Total Quantity Investment Projectionfor estimated projects of 20mn smartmeters
PGCIL 10.00
REC 15.00 Financials (INRmn) Total FY23 FY24 FY25
PFC 10.00 Capex requirement 1,239 16,757 36,385 6,283
Bihar 10.00 646 5,919 9,885 1,885
Equity requirement
Assam 2.00
Debt requirement 593 10,838 26,500 4,398
Jammu andKashmir 1.70
BEST 1.10 Projected Revenue 563 10,217 35,628 31,666
Puducherry 0.40
Maharashtra 1.20 Estimated Investment:
Haryana 1.00 - Average life cycle cost of meterranges from USD 107 to USD 133
UttarPradesh 2.67 - Expected investment USD1 billion to 1.2 billion in next 2years
Rajasthan 5.00
MadhyaPradesh 1.50
Others 3.00
Total Meters 64.60

Tenders of ~65 million smart meters are expected to come in FYunder RDSS
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