The Indian government announced plans to begin the nationwide rollout of 250 million smart electricity meters across nearly 58 government-owned regional power Distribution Companies (DisComs) by the end of 2022. The DisComs smart meters implementation will be spearheaded by the joint venture of Energy Efficiency Services Limited (EESL), a government-owned Energy Service Company (ECSO), and the National Investment and Infrastructure Fund (NIIF), a sovereign wealth fund set up by the government of India that focuses on infrastructure investment. The new joint venture, named IntelliSmart Infrastructure, was created in October 2019 and is tasked with implementing, financing, and operating the smart meter rollout program of the government-owned power distribution companies.
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