Agreement Between Adani Transmission Unit And BMC’s ‘BEST’

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Kandarp Patel, Chief Executive, Distribution, Adani Transmission said, “We are confident that we will be able to complete this project in a time bound manner and as per our expectations so that BEST subsidiaries and consumers get the full benefits of digitization.”

MUMBAI: Adani Transmission on Thursday said it has signed an agreement with a subsidiary of the Brihanmumbai Municipal Corporation (BMC) to install and maintain 10.80 lakh smart meters. Sources said that the agreement between Adani Electricity Mumbai, a subsidiary of Adani Transmission and Brihanmumbai Electricity Supply and Transport (BEST), a subsidiary of BMC, has been signed for Rs 1,300 crore. Adani Electricity distributes electricity in the suburbs.

According to a statement, under the recent agreement, the company has to install smart meters during 30 months and maintain them for the next 90 months. It was told that with the installation of such meters, consumers will be able to get online information about their consumption and will also be able to take steps accordingly. It will also get prepaid billing and other facilities.

Kandarp Patel, Chief Executive, Distribution, Adani Transmission said, “We are confident that we will be able to complete this project in a time bound manner and as per our expectations so that BEST subsidiaries and consumers get the full benefits of digitization.”

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