MoP issues directive to convert existing meters to smart prepaid meters

The MoP has decided to convert all the existing and new meters into smart and prepaid meters within three years starting from April 1, 2019. This move will lead to a reduction in  aggregate technical and commercial (AT&C) losses, better revenue collection for discoms, incentivisation of energy conservation, ease of bill payments, and help in doing away with paper bills. At present, about 24 per cent of the power produced is lost due to AT&C losses.

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