What would be the demand of Prepaid Energy Meters and Smart

Energy Meters from 2015-2018 in India.

Panasonic & Niche (IIM-A)
Cross Value Innovation

TEAM NAME: BIG BAD

BUMBLEBEES
VAISHALI OBEROI
NMIMS, MUMBAI
Vaishali.oberoi@nmims.edu.i
n

DEBASHISH HOTA
NMIMS, MUMBAI
Debashish.hota@nmims.edu.
in

Reasons for Demand of Smart Energy

Meters and Prepaid Energy Meters
Number of smart cities and SEZs as
suggested by the government
Number of new apartments - Housing
Projects such as Godrej Garden City and
Tata Housing
Power theft and Transmission and
Distribution (T&D) Losses Average total
power loss in India 30%
IT Parks, Finance and Tec Cities, Planned
Cities, Industrial areas. Example GIFT
City
Development of Smart Grid by Indian
Smart Grid Task Force (ISGTF)

--- MoP Approved Smart Grid Pilots

Current
Scenario

In a bid to curb power theft, Pashchimanchal Vidyut Vitran Nigan Ltd. (Meerut, Morbid, Ghaziabad and
Saharanpur) is to introduce pre-paid energy meters. (Dec 2014). 15,500 single-phase pre-paid meters; 18,500
three-phase meters already purchased
Lucknow Electricity Supply Administration - 5000 prepaid meters initially. Consumers are also given a rebate of
Rs. 1.25 per unit and they wont have to queue up at billing counters
35% of consumers in India pay bills online to avoid standing in queues and almost as many wish to control the
amount of energy consumed by them

Keeping in mind the above factors we have made the

following assumptions

Assumption
Due to power theft and T&Ds
losses
30% power loss, theft and transmission and distribution.
The per capita average annual domestic electricity consumption in
India in 2009 was 288 kWh in urban areas
Total population : 1.252 billion, Urban population, 30% : 0.24 billion
(239616613)
Average family size = 4, total meters required = 5,99,04,153
Initial demand: 1%, annual growth rate: 11% (in China, its 17%) so
in 2018, demand will be around 819267 due to power theft and loss

A single phase energy meter is good for a single household which averages about 100 sq ft.
Thus all our calculations are based on the assumption that one energy meter would be needed
per 100 sq feet of area. The numbers may vary for commercial spaces where a three phase
meter may be used

Smart Cities

Smart meters are an

integral part of any
Smart City;The
Incumbent
government has
proposed a total of
100 smart cities in
India out of which 7
would be built by
2018

Gujarat International
Finance Tec-City
(GIFT) is one of the
first Smart cities,
Kochi Smart city and
Wave city are other
examples currently in
development

By our estimates a
total of 480000
Smart meters would
be needed in 4
buildings of GIFT city
itself, and over
800000 Smart
Meters in Wave City;
The average of these
7 cities come out to
be 400000 meters

Office Spaces
The report by KPMG also shows the
expected growth in space required in the
Office sector, Retail and Industrial sector
30 million square feet by 2018 in Office space An
increase can also be witnessed because of the banking
licenses by RBI
150 million square feet of Retail space by 2018
450 million square feet space due to Industrial growth
mainly due to the growth in Delhi Mumbai Industrial

New Apartments
A report by KPMG suggests that houses built for
Middle Income Groups will increase by 6.86
million square feet by 2018
The same report suggests luxury apartments and
houses are to grow by approx 10 million square
feet
Housing projects such as Godrej Garden city and
Tata Housing (3 lakh units by 2018) are
increasingly installing smart meters by default

Smart Grid
The Indian Smart Grid Forum has
recently announced pilot projects in 14
cities
They have also mentioned the number of
consumers, both residential and
commercial in each of these projects
One of the major tasks undertaken by
them is the installation of Smart Energy
Meters
They have also instated a Smart Meter
Task Force for the same

Demand
Estimatio
n
Based on
Assumpti
ons