Reliance Industries keen to enter smart electricity meter business

Reliance Industries

Indian multinational conglomerate company Reliance Industries Limited is looking to leverage it’s Jio business into communication cards, meter data collection, cloud hosting services to companies dealing with the distribution of electricity and telecom, by entering the smart electricity meter market. With the sight to reduce the losses in distribution of electricity, this move of Reliance Industries Limited comes in the build-up of ongoing world’s biggest electricity smart metering programme held in India. To assist debt-ridden discoms of India to raise yearly revenues upto ₹1.38 trillion, India’s biggest electricity smart metering…

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