THINK Gas, a leading city gas distributor, has finalized a Rs 500 crore contract with Polaris Smart Metering to supply smart gas meters. The agreement, announced on Friday, will see Polaris deliver 1 million advanced smart gas meters, along with full support for the Head-End System and Meter Data Management System. The contract’s total value exceeds Rs 500 crore, according to the announcement.
Abhilesh Gupta, Managing Director & CEO of THINK Gas, commented, “As India moves towards improving energy efficiency, this collaboration with Polaris Smart Metering will enable us to provide smarter, greener, and more reliable energy solutions to our customers.”
Yashraj Khaitan, Founder & CEO of Polaris Smart Metering, shared that the company developed the smart gas meter in close collaboration with THINK Gas, focusing on addressing the real challenges faced by city gas distribution companies.
THINK Gas is a leading player in the Indian gas distribution industry, focusing on the development, operation, and management of natural gas infrastructure. The company is dedicated to providing safe, reliable, and cost-effective natural gas solutions for domestic, commercial, and industrial consumers.
THINK Gas aims to drive the transition to cleaner energy by promoting the use of compressed natural gas (CNG) and piped natural gas (PNG) in cities across India. Through its extensive network, THINK Gas seeks to reduce carbon emissions, support energy efficiency, and contribute to sustainable development. The company also emphasizes innovation, adopting the latest technologies to improve service delivery and customer experience in the gas distribution sector.
Polaris Smart Metering is a prominent provider of advanced metering solutions for utilities, focusing on the energy and water sectors. The company specializes in offering smart metering systems that provide real-time data collection, analysis, and management to improve utility operations.
Polaris Smart Metering aims to help utilities optimize resource distribution, enhance billing accuracy, and promote energy conservation. Its smart meters use cutting-edge communication technologies like IoT to ensure seamless data transmission, allowing for better decision-making and operational efficiency. The company is committed to supporting the shift toward smarter, more sustainable energy management by offering solutions that help reduce waste and enhance customer satisfaction.
