Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge Updated On Tue, Apr 1st, 2025 by Saurenergy Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency. The report highlighted […] Read more
99.51 L Smart Meters Installed Under RDSS: Power Minister Updated On Tue, Mar 11th, 2025 by Saurenergy The Minister of State (MoS) For Power Shripad Naik claimed that 99.51 lakh smart meters have been installed in the country under the Revamped Distribution Sector Scheme (RDSS). The scheme aims to augment the capacity of the power distribution companies in the country and reduce their losses. The minister, while sharing a written reply before […] Read more
PFC’s Consolidated Profit Climbs 7% at Rs 5241 Cr in Dec Quarter Updated On Tue, Feb 14th, 2023 by Saurenergy State-owned non-banking financial firm Power Finance Corporation (PFC) has reported a 7% increase in its consolidated profit, standing at Rs 5,241.10 crore in December quarter. Higher revenues have contributed to this increase. PFC’s consolidated net profit was pegged at Rs 4,893.91 crore in FY22 October-December quarter. The cumulative income of the firm rose to Rs […] Read more
