1Q 2022

Analyst Insight: The Role of AMI in Indian Infrastructure Development

Global AMI Tracker Insights

India began its push toward grid modernization in the mid-2000s with the implementation of various electrification and network upgrade programs. Driven by the need to improve grid reliability and reduce system losses, India’s Ministry of Power (MoP) has made an aggressive effort to jump-start this nascent smart grid market. Government-sponsored initiatives have evolved from simple electrification schemes and basic IT infrastructure to include smart metering, grid automation, distributed energy resources (DER) integration, and more.

With more than 360 million traditional electric meters deployed at year-end in 2021, India represents the largest untapped smart meter market in the world. The Indian smart meter market, while still in its infancy, is set for rapid growth as a function of the country’s aggressive rollout strategy. The country is now targeting the installation of 250 million smart meters by 2025. Although the industry has expected market expansion for some time, current market conditions are aligning to support the first signs of full-fledged smart grid development in India. This market growth will likely be driven by demographic factors (growing urbanization rates, consumption patterns, and gross domestic product) and positive (government support) and negative (grid reliability and system losses) operational drivers. Challenges remain—particularly with regards to financing.

This Guidehouse Insights report provides a comprehensive resource for announced AMI (smart meter) projects and associated vendors. This report offers information regarding smart electric meter deployments announced through 4Q 2021, including estimates for installed smart meters. Information is based on published announcements from vendors, utilities, news agencies, and public filings, among other sources.

Pages 11
Tables | Charts | Figures 3
  • What are the key smart meter projects in India?
  • What are the primary motivations behind Indian smart meter deployments?
  • Which technologies have Indian DISCOMs selected for their deployment projects?
  • What technologies have seen increased adoption as a function of new Indian smart meter deployments?
  • What are the selection shares of smart meter communications technologies in India?
  • Utilities and grid operators
  • Meter manufacturers
  • Advanced metering infrastructure (AMI) communications vendors
  • Meter data management (MDM) vendors
  • Systems integrators
  • Government agencies
  • Research community
  • Investor community

Introduction

Scope

Executive Summary

State of the Market

Project Motivations

Key Market Trends and Deployments

Key Recommendations

Acronyms and Abbreviations

Additional Resources

Contact

  • AMI Deployments - Industry Growth Potential, India: 2020-2030
  • Project Motivations
  • Key Smart Meter Deployments by DISCOM