Mumbai – 400051
August 25, 2023
Smart meters are essentially a data play – offering unprecedented data that can be used to bring online more green energy, curb electricity loses and reduce costs for consumers.
The sector has immense depth – USD 30 bn over just the next 2-3 years.
Large appetite for smart meter concession from global investors – largely due to robust payment mechanism and revenue protected concession model.
Potential for high IRR – with low cost ESG debt and capital recycling from the sub- stantial revenue generated during the construction phase.
Underlying technology has larger application – including in the emerging water sector.
Not yet qualified as infrastructure; not InvIT eligible