Polaris Smart Metering has secured ₹710 crore in financing from British International Investment to support the rollout of over 2.2 million smart meters across West Bengal, strengthening its AMI presence and smart energy solutions.
Power distribution has always been one of the major issues in India, costing around billions of rupees every year. AI-powered smart metering can resolve this issue and improve energy efficiency.
Polaris Smart Metering had passed 1M smart meter installations in India through RDSS and increased capacity to 10M units per year, driving faster digitalisation of the power sector and efficient distribution of energy throughout the country.