Smart meters: The basic infrastructure for a green future

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