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Home » Interview » “Meters are the cash cow for discoms”

“Meters are the cash cow for discoms”

By November 23, 2016 5:38 pm IST

EPR (Electrical & Power Review) | EPR Magazine
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If the discoms have to become efficient, loss free and healthy, one of the prime requirement for discoms is to set right the criterion of selection of meters.
J K Agarwal, Jt. Managing Director, Genus Power Infrastructures Ltd
  Genus is a pioneer in supply of electronic energy meter way back in 1996 in India and it never looked back since then. Genus went on to develop entire range of advance meters and tailor made metering solutions to mitigate the pain areas of state utilities or discoms. Genus built a strong and innovative R&D, world class manufacturing facility with complete forward and backward integration and by adopting good practices followed by global companies.
Even though the country is expected to have power supply surplus J K Agarwal, Jt. Managing Director, Genus Power Infrastructures Ltd is concerned about few things. He comments, “Even though government data may predict a supply surplus situation, my concern is – a large population is still without electricity. Power cuts are part of their daily life. Some discoms are simply resorting to power cuts as they cannot afford to purchase power even at low rates on the exchanges. Some states have surplus power but still do not supply power round the clock for fear of losses due to low tariffs from residential and agricultural customers. Discoms refuse to increase tariffs in line with costs for whatever reasons, leading to massive losses year after year and continue to be in a state of financial struggle.” 

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