Smart metering and digital solutions company IntelliSmart Infrastructure is looking to enter the gas distribution metering segment.
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The joint venture of National Investment and Infrastructure Fund and Energy Efficiency Services Ltd expects tenders to be floated for at least 50,000 gas smart meters this fiscal year, CEO and MD Anil Rawal told ET.
The company has been engaged in the power sector but having completed its pilot project for metering in gas distribution in Assam, it plans to participate in other upcoming tenders in the segment.
«My view is in this financial year there will be tendering of at least 50,000 smart meters on gas, and next year, you will see more numbers,» Rawal said.
Gas metering is a huge opportunity for the company, Rawal said, adding that while maintaining meters is more costly in the household segment, removing human intervention will save a lot of money for a utility. Aspects like auto-tripping with smart meters helps consumers in managing their gas consumption, he added.
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