Latest news with #AdvancedMeteringInfrastructure
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Business Standard
3 days ago
- Business
- Business Standard
Annual tech spend of utilities sector to reach ₹32,500 cr by 2027
Narrowband Internet of Things (NB-IoT) is emerging as the preferred connectivity choice for Advanced Metering Infrastructure (AMI), supported by a projected rise in India's utilities sector technology spend to ₹32,500 crore by 2027, according to a white paper released by data and market intelligence major IDC and backed by Airtel Business. The sector's spending has been rising at a compound annual growth rate (CAGR) of 17.7 per cent since 2022, when it stood at ₹14,500 crore. This surge in investment underscores the sector's commitment to digitalisation, seen as crucial to tackling persistent high aggregate technical and commercial (AT&C) losses and operational inefficiencies. While India's AT&C losses fell to 15.4 per cent in FY23, this remains nearly double the global average of 8–9 per cent, the paper noted. The government's Smart Meter National Programme (SMNP) aims to reduce AT&C losses to 12–15 per cent by 2025. This target is based on replacing 250 million conventional electricity meters with AMI systems to improve the financial and operational performance of power distribution companies. However, while over 222.4 million meters have been sanctioned for conversion under the National Smart Grid Mission (NSGM), only 20.85 million — around 9 per cent — had been converted as of February, the paper highlighted. The Internet of Things (IoT) refers to a network of physical objects embedded with sensors, software, and other technologies that enable them to connect and exchange data with other devices and systems over the internet. These devices range from everyday household items such as Wi-Fi routers, smartwatches, and Bluetooth devices to smart fridges, LED lighting, RFID tags, and sophisticated industrial equipment. NB-IoT, a cellular-based connectivity technology, offers wide coverage and low power consumption, making it ideal for large-scale smart metering deployments. Cellular connections (including NB-IoT) in the utilities segment are expected to grow at a CAGR of 25.6 per cent during the 2023–2027 period. With a broad portfolio of IoT offerings, Airtel Business provides a scalable foundation for connected devices, including connectivity options such as NB-IoT, 5G, 4G, and 2G, along with applications like head-end systems, meter data management, and prepaid billing hosted on Airtel Cloud. In partnership with Airtel, Secure Meters has successfully deployed 1.7 million NB-IoT smart meters across Bihar. Airtel's IoTHub serves as a central platform for managing IoT deployments, enabling meter life-cycle management, data visualisation, and analytics. In 2023, Airtel became the first Information and Communications Technology (ICT) service provider in India to connect over 20 million devices through its IoT solutions. In the smart utilities domain, Airtel offers solutions that go beyond connectivity—supporting AMI service providers with end-to-end system uptime tracking and custom-built tools to assess the feasibility of large-scale deployments. The company has pitched these integrated solutions to utilities across the country.
Business Upturn
11-06-2025
- Business
- Business Upturn
CWD shares in focus after securing 9 lakh smart meter order in Goa
By Aditya Bhagchandani Published on June 11, 2025, 13:39 IST Shares of CWD Limited were in focus on Wednesday after the company announced it had received a Letter of Award for a major smart metering project from the Government of Goa. The order, placed under the Advanced Metering Infrastructure (AMI) initiative, involves the deployment and maintenance of 9 lakh smart prepaid meters over a period of 10 years. The project will be executed through a consortium of CWD Limited and Digismart Network Pvt Ltd. According to the company's exchange filing, this deal marks a significant milestone in Goa's efforts to modernize its electricity infrastructure and improve energy efficiency. The implementation will be based on the Design-Build-Finance-Own-Operate-Transfer (DBFOOT) model. CWD will provide the wireless IoT modules while Digismart will handle ground-level deployment. Although the value of the order has not been disclosed due to competitive sensitivity, the size and duration signal a strong business outlook for CWD. The company emphasized that this collaboration aligns with India's digital and sustainable development goals. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Yahoo
09-06-2025
- Business
- Yahoo
Miami utility rates to go up
MIAMI, Okla. — Utility rates in northeast Oklahoma are going up, along with other utilities in the rest of the Four State area. The Grand River Dam Authority says it continues to experience increasing costs to produce electric power. That's what has prompted the Miami Special Utility Authority to increase electric utility rates. This is the first hike in Miami's electric utility rates since 2021. GRDA implemented an 11 percent increase to its municipal customers, and will add another 4.1 percent increase in 2025 and 2026. 'We want our electric utility customers to have information and clarity about why this rate increase is necessary for the utility's operations and the needs of this community.' Tyler Cline, Miami City Manager Consultant Dan Jackson, Willdan Vice President of Financial Services, addressed city leaders and held a Town Hall meeting in May to discuss the problem. Jackson cited factors driving the need for the new electric rate plan: inflation, the implementation of a GRDA increase, and plans to issue debt for needed capital improvements. Miami utility customers currently pay $126.79 per 1,000 kilowatt hours. Willdan's study compared the city's electric rates with 18 other area municipalities and found that with the new rate increase and base charge, the new electric rates in Miami's service area are still comparable or better. Willdan recommended an increase of 12 percent across the board starting in June 2025 and 5 percent starting in July 2026 and July 2027. The three-year rate plan means a residential customer using 1,000 kWh would see a monthly increase of $9.96 starting June 2025. The City of Miami plans to issue $28,500,000 in debt to fund important capital improvements. These include Advanced Metering Infrastructure for electric, upgrades to Substation Three, pole change-outs at Feeder 31 and the turnpike crossing, upgrades to Feeder 23, a build-out of Substation 4, possible generation and solar farm projects, and automated switches for industrial customers. 'These capital improvement projects are vital to providing reliable and better service to our electric utility customers, 'Cline said, 'These projects help us keep the electric infrastructure up to date and stay competitive in recruiting new businesses.' MSUA Customer Service representatives are available to help customers calculate their billing with the increased rate or answer questions. They can be reached at 918-542-6685. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Time of India
04-06-2025
- Business
- Time of India
Silicon Labs, Wirepas ship 10 mn wireless chipsets for industrial IoT, primarily in India
NEW DELHI: NASDAQ-listed Silicon Labs and Finnish Wirepas on Wednesday said the companies have jointly shipped 10 million units of the Silicon Labs sub-GHz FG23 chipset to date, primarily in the Indian market. Silicon Labs makes low-power wireless solutions, while Wirepas is a decentralised IoT connectivity provider. The chipsets, running Wirepas' radio frequency (RF) mesh software, power demanding industrial mesh networks across sectors, including smart electricity metering, emergency lighting, industrial monitoring and building automation, according to a joint statement. In December 2024, the companies said 4 million smart electric meters using Wirepas Mesh software had been deployed in India, built on the sub-GHz FG13 and FG23 platforms, helping the country meet the goals of its Advanced Metering Infrastructure (AMI) initiative. In Norway, more than one million similarly equipped smart meters are connected in a single decentralised mesh network , one of the largest of its kind in the world, as per the statement. Other segments are also gaining momentum, with some, such as the emergency lighting sector, experiencing very high adoption rates, the companies said. 'By combining Silicon Labs' energy-efficient wireless platforms with Wirepas' decentralised mesh stack, we help our customers build massive, secure, and resilient IoT networks faster and more cost-effectively. We're excited to continue driving transformation across industries together,' said Ross Sabolcik, senior vice president (product lines) at Silicon Labs. 'This 10-million milestone demonstrates the unmatched scalability and resilience of our joint solution,' said Teppo Hemiä, CEO of Wirepas. 'With Silicon Labs' hardware and our mesh software, we've enabled massive networks that simply work, even in the most challenging conditions.
Associated Press
03-06-2025
- Business
- Associated Press
Oracle AI Transforms Meter Data Management
Enhancements to the Oracle Utilities Customer Platform accelerate data processing speeds, cut operational costs, and improve utility customer service AUSTIN, Texas, June 3, 2025 /PRNewswire/ -- New AI-powered anomaly detection and in-memory processing capabilities in the Oracle Utilities Customer Platform are helping deliver fast, accurate meter data management (MDM) and streamlining utility operations. These enhancements simplify work for employees and improve performance across the platform, which powers metering, operations and billing, sales and account management, customer service, and customer engagement in a single solution. For example, AI-enabled anomaly detection significantly reduces billing exceptions—minimizing manual work, truck rolls, and unnecessary operational costs. These new capabilities are available at no additional cost to customers. Better data for better service The expanding use of Advanced Metering Infrastructure (AMI) has resulted in an exponential increase in utility data, creating significant challenges in data processing, management, and accuracy. With rising customer expectations for service reliability and transparency, utilities need smarter, faster technology to handle that complexity and satisfy utility customers. The combination of embedded AI and a unified data framework in the Oracle Utilities Customer Platform allows utilities to leverage accurate metering data for informed decision-making. For example, organizations can benefit from faster resolution times and reduced exceptions through accurate data processing, leading to improved customer interactions and loyalty. Oracle benchmarks have shown vast improvements in anomaly detection and manual work reduction compared to traditional Validation Editing and Estimation (VEE) methods. Results achieved include: 'Globally, utilities have a multibillion-dollar opportunity to use AI to transform customer service and operations,' said Paul McDonald, vice president of product for Oracle Utilities. 'With system complexity, costs, and customer needs all growing, it's getting difficult and expensive for many utilities to keep up. We're helping utilities tackle these challenges in ways just now becoming possible. By bringing AI and in-memory meter data processing into the Oracle Utilities Customer Platform, we're helping our clients streamline operations, cut costs, and deliver a more satisfying customer experience.' Learn more about additional AI capabilities in the Oracle Utilities Customer Platform here and by visiting or LinkedIn. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at Trademarks Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. View original content to download multimedia: SOURCE Oracle
