Marsons Wins Rs 40 Crore Orders for Smart Meter Project in West Bengal
By Rediff Money Desk, NEWDELHI Feb 15, 2024 15:39
Marsons Ltd has secured orders worth Rs 40 crore for smart meter installations in West Bengal under the government's revamped distribution sector scheme (RDSS).
![Marsons Wins Rs 40 Crore Orders for Smart Meter Project in West Bengal](https://im.rediff.com/money/2021/jun/30power.jpg)
New Delhi, Feb 15 (PT) Power company Marsons Ltd on Thursday said it secured new orders worth Rs 40 crore in West Bengal under the central government's revamped distribution sector scheme which aims to reduce loss of electricity during transmission.
The scheme was launched by the Centre in 2021 with the objective of bringing down AT&C (aggregate technical & commercial) losses and reducing the gap between the cost of supply and tariff to zero for discoms.
The government's aim is to replace 250 million conventional meters with smart meters by 2025 under the RDSS (revamped distribution sector scheme).
"Marsons Ltd has secured orders worth nearly Rs 40 crore as part of the first phase of the RDSS scheme in West Bengal...with an execution timeline up to June 2024," the company said in an exchange filing.
In anticipation of increased power demand driven by the nationwide RDSS scheme, the company said it has fully operationalised its manufacturing facility.
Marsons manufactures distribution equipment and power transformers ranging from 10 KVA (kilo-volt amperes) to 160 MVA 220 kV, among others.
The scheme was launched by the Centre in 2021 with the objective of bringing down AT&C (aggregate technical & commercial) losses and reducing the gap between the cost of supply and tariff to zero for discoms.
The government's aim is to replace 250 million conventional meters with smart meters by 2025 under the RDSS (revamped distribution sector scheme).
"Marsons Ltd has secured orders worth nearly Rs 40 crore as part of the first phase of the RDSS scheme in West Bengal...with an execution timeline up to June 2024," the company said in an exchange filing.
In anticipation of increased power demand driven by the nationwide RDSS scheme, the company said it has fully operationalised its manufacturing facility.
Marsons manufactures distribution equipment and power transformers ranging from 10 KVA (kilo-volt amperes) to 160 MVA 220 kV, among others.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...