29 October 2026
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REC Limited Signs Tripartite Agreement in Bihar for Smart Meter Verification Under RDSS to Boost Transparency

REC, SBPDCL, NBPDCL, and PTC India partner in Patna to enable third-party verification of smart meter installations, aiming to improve accountability, reduce power losses, and strengthen consumer trust in India’s power sector reform
Indian Masterminds Stories

Patna: REC Limited, along with South Bihar Power Distribution Company Limited (SBPDCL), North Bihar Power Distribution Company Limited (NBPDCL), and PTC India Ltd, has signed a tripartite agreement to enable third-party verification of smart meter installations under the Revamped Distribution Sector Scheme (RDSS).

The agreement was formally signed at Vidyut Bhawan in Patna, marking a key step toward improving transparency, accountability, and consumer confidence in India’s ongoing power sector reforms.

Independent Verification to Ensure Accuracy and Reliability

The initiative is part of a pilot programme launched by the Ministry of Power to independently assess the quality and performance of smart meter installations.

Under this framework:

  • Reputed independent agencies will conduct verification
  • Installation quality and operational performance will be evaluated
  • Consumers will benefit from improved trust and transparency

Officials said the move will help ensure that smart meters function accurately and efficiently across the distribution network.

Read also: Leadership Updates: Rajesh Kumar Assumes Charge as Director (Finance) of REC Limited

Smart Metering Key to Power Sector Modernisation

Smart meter deployment is a central component of the RDSS scheme, aimed at transforming India’s power distribution infrastructure.

Key benefits of smart metering include:

  • Improved billing efficiency
  • Reduction in power theft and losses
  • Real-time monitoring of electricity consumption
  • Enhanced operational efficiency for utilities

Nationwide Rollout Gains Momentum

As part of the national programme:

  • Around 19.58 crore smart meters have been sanctioned
  • Approximately 4.3 crore meters have already been installed

The large-scale rollout is expected to significantly improve the financial and operational health of power distribution companies.

Bihar Pilot to Serve as National Model

The third-party verification initiative in Bihar is expected to act as a pilot model for other states.

By introducing independent audits, the government aims to:

  • Strengthen accountability in implementation
  • Improve service quality
  • Build greater consumer trust in utility services

Officials indicated that similar verification mechanisms could be expanded nationwide based on the success of this initiative.

About REC Limited

REC Limited is a leading public sector enterprise under the Ministry of Power, Government of India, focused on financing and promoting power sector projects. The company plays a key role in supporting transmission, distribution, and renewable energy initiatives, contributing significantly to India’s energy infrastructure development and reforms.

Read also: REC Reports Record ₹16,282 Crore Profit in FY26; Declares Highest-Ever Dividend of ₹18.55 Per Share


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