Salzer Electronics Ltd has announced the winning of its second order for smart meters, much larger that its very first such order announced last month.
In a release, Salzer said that it has received a new order valued at Rs.50 crore for supply of smart energy meters from one of the largest AMISP (advanced metering infrastructure service provider) in India.
This order is much larger that the company’s very first smart meter order, valued at Rs.5 crore, received from the same customer.
This repeat order further validates Salzer’s position as a key player in India’s growing smart metering sector, the release noted.
With an annual production capacity of 4 million smart meters, Salzer’s newly established manufacturing facility in Tamil Nadu is well-prepared to meet the increasing demand in India’s rapidly evolving energy infrastructure. This development aligns with Salzer’s strategic vision to contribute to the nation’s smart metering initiative and support the transition to more efficient and reliable energy management systems.
Commenting on the order, D Rajesh Kumar, Joint Managing Director said, “We take immense pride in being a valued partner in the Government of India’s ambitious Revamped Distribution Sector Scheme (RDSS), a transformative initiative aimed at modernizing the nation’s power sector through advanced smart solutions. This order is a testament to Salzer’s dedication to excellence and our ability to meet stringent quality standards in smart metering technology.”
Also read: Salzer Electronics receives its first order for smart meters