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<p><span style="font-size:10.0pt">Government&rsquo;s focus on Smart metering are dogmatic, Smart Meter National Programme is working to implement one of the world&rsquo;s fastest ramp-up of smart meter installation, targeting the retrofitting of 25 crore meters. </span></p> <p><span style="font-size:10pt">The benefits of smart meters are clearly profound, they are vested with unparalleled degree of transparency and trust in their DISCOMs, and reliability of electricity supply.</span></p> <p><span style="font-size:10pt">Discoms are plagued with many of inefficiencies, billing &amp; collection efficiency being one of them, which Discoms have cured to improve to a level of 80%. To improve overall performance, Discoms must focus on promotion &amp; Installation of Smart meter, as it offers inherited benefits like recording and anticipating fluctuations throughout the day, discoms can explore &lsquo;Time of Use (ToU) tariffs&rsquo; that accurately reflect energy prices. discoms can shift loads from high-price hours to low-price hours. This would enable discoms to forecast energy demand cycles in real-time &amp; swiftly rebalance the grid&rsquo;s energy sources.</span></p> <p><span style="font-size:10pt">Additional consumer benefits include access to a prepaid billing model wherein they pay only for the electricity they can afford. Smart Meters also assists in faster outage detection and restoration of services, and end billing inefficiency.</span></p>