Mumbai, March 7: City gas distributor THINK Gas has entered into a significant contract with Polaris Smart Metering for the supply of advanced smart gas meters, valued at over ₹500 crore.
Under the agreement, Polaris will provide 1 million cutting-edge smart gas meters along with a comprehensive Head-End System and Meter Data Management System support, ensuring efficient monitoring and data handling.
Commenting on the development, Abhilesh Gupta, Managing Director & CEO of THINK Gas, stated, "As India advances towards energy efficiency, our partnership with Polaris Smart Metering will enable us to offer smarter, greener, and more reliable energy solutions to our customers."
Yashraj Khaitan, Founder & CEO of Polaris Smart Metering, highlighted that the smart gas meter has been developed in close collaboration with THINK Gas, ensuring that the product design effectively addresses the challenges faced by city gas distribution (CGD) companies.
THINK Gas currently holds 19 CGD licenses, covering infrastructure development and natural gas distribution across 50 districts in 10 states, including Andhra Pradesh, Bihar, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh, and Tamil Nadu.
Polaris Smart Metering is a leading Indian manufacturer specializing in smart metering solutions and advanced metering infrastructure (AMI), reinforcing India's push toward digital and efficient energy management.