EDF India has announced a strategic joint venture (JV) withActis, a leading global investor in sustainable infrastructure. Thiscollaboration aims to operate a dedicated platform company for AdvancedMetering Infrastructure Service Provider (AMISP) concessions. Under this jointventure, EDF India and Actis will bring together their global expertise inenergy solutions and infrastructure investments.

Asanka Rodrigo, Partner at Actis said, “Smart metering is acritical component in ensuring efficient energy consumption, reducing losses,and improving billing accuracy for consumers. We look forward to working withEDF, a leader in the sector globally, to scale our joint venture in India.”

The Indian government is actively driving the National SmartMetering Project under the Revamped Distribution Sector Scheme (RDSS),targeting the deployment of 250 million smart meters by 2025. These advancedmetering solutions are designed to enhance operational efficiencies, reduceaggregate technical and commercial losses, and bolster the financialsustainability of India’s power distribution companies (DISCOMs).

By leveraging cutting-edge technology, data analytics, andglobal best practices, the initiative aims to drive a transformative impact onthe country’s power sector, benefiting both utilities and consumers alike.