Polaris to deploy smart metres in Hyd’s hostels
Jaipur-based, smart grid technology firm, Polaris Smart Metering Pvt Ltd (formerly Gram Power) on Tuesday formalised a Memorandum of Understanding (MoU) with the IT Corridor Hostels Association for the deployment of prepaid smart meters, in Hyderabad.
Under the collaborative agreement, smart prepaid meters will be installed at hostel facilities located in the cities IT corridor, which will provide real-time power monitoring and alerts for the tenants. The IT Corridor Hostels Association represents over 4,000 hostels in the Gachibowli, Madhapur, Rai Durgam, Nanakramguda, Kondapur, and IT Corridor regions.
On the collaboration, Yashraj Khaitan, CEO, Polaris Smart Metering Pvt Ltd, said: “There is a potential requirement of two lakh smart meters in the hostels and PGs of Hyderabad. These meters provide customers with real-time balance information, along with an estimate of how long the available power will last based on the usage of specific appliances. This level of control empowers consumers to use electricity judiciously.”