Tata Power, India's largest integrated power company selects Tata Communications to launch its IoT based, Automated Meter Infrastructure(AMI) in partnership with L&T Meters in Mumbai.
Tata power worked on a state-of-the-art IoT AMI solution to provide power measurement parameters such as instantaneous, load profile, tamper and billing information on periodic manner. The data will be then ingested into Tata power's Meter Data Management (MDM) system which will enable fast turnaround time of data provision to MDM thereby bringing in operational effectiveness and better reconciliation between distribution points and end customers.
Speaking on the side-lines of this launch, Mr. Ashok Sethi, COO & ED, Tata Power, said, "Tata Power has always been a leader in adopting latest technology to bring value to its consumers and this technology would enable us to bring Automated Meter Reading (AMR) to our residential consumers."
VS Shridhar, Sr. Vice President & Head - Internet of Things, Tata Communications, said, "The Internet of Things has paved the way for ubiquitous, always-connected applications that are making waves across industries and we are pleased to be able to lead this from the front. We are building the world's largest dedicated IoT LoRa network in India spanning nearly 2,000 communities and touching over 400 million people. It's been an honour to work with Tata Power, shoulder-to-shoulder, in lighting up the AMI solution and adding momentum to this revolution in India."
Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.80.05 as compared to the previous close of Rs. 80.2. The total number of shares traded during the day was 185958 in over 783 trades.
The stock hit an intraday high of Rs. 80.65 and intraday low of 79.7. The net turnover during the day was Rs. 14888451.