Adani Electricity Mumbai plans to roll out 700,000 smart meters

Adani Electricity Mumbai (AEML) is planning to roll out 700,000 smart meters for Mumbai customers in the current financial year to provide real-time consumption details and reduce electricity theft. According to company statement, based on AEML’S submissions, the Maharashtra Electricity Regulatory Commission (MERC) for the first time reduced consumer tariffs by an average 18 per cent, effective 1st April 2020. Despite significant investments, tariff reduction has been achieved due to improvements in operational performance by way of targeted capital expenditure in the network, the statement said.