RIL plans to foray into smart meter business using Jio infrastructure: Report

NEW DELHI: Mukesh Ambani-led Reliance Industries Limited is reportedly planning to foray into the smart electricity meter market. The company plans to take advantage of its telecom arm Jio’s expertise to offer meter data collection, communication cards, telecom, and cloud hosting services to discoms, the Mint reported citing two sources familiar with the development.

As per the report, RIL is planning to offer these services through Narrow Band-Internet of Thing (NB-IoT). Jio had in 2018 launched its pan-India NB-IoT network with the help of Samsung, which also powers its pan-India 4G network.

Some of the advantages that smart meters offer over conventional meters include–minimum human intervention in metering, billing, and collection, and help reduce electricity theft.

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