THINK Gas, a prominent city gas distributor, has secured a significant Rs 500 crore deal 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 complete support for the Head-End System and Meter Data Management System. The total value of the contract exceeds Rs 500 crore, according to the announcement.
Abhilesh Gupta, Managing Director and CEO of THINK Gas, said, “As India works towards better energy efficiency, this partnership with Polaris Smart Metering will help us offer smarter, greener, and more reliable energy solutions to our customers.”
Yashraj Khaitan, Founder and CEO of Polaris Smart Metering, explained that the company developed the smart gas meter in close collaboration with THINK Gas. The focus was on solving the real challenges faced by city gas distribution companies.
THINK Gas is a key player in India’s gas distribution industry. The company focuses on developing, operating, and managing natural gas infrastructure. THINK Gas is committed to providing safe, reliable, and cost-effective natural gas solutions for domestic, commercial, and industrial customers.
The company’s goal is to support India’s transition to cleaner energy by encouraging the use of compressed natural gas (CNG) and piped natural gas (PNG) in urban areas. Through its wide network, THINK Gas aims to reduce carbon emissions, promote energy efficiency, and contribute to sustainable development. It also emphasizes innovation, adopting the latest technologies to improve service delivery and customer experience.
Polaris Smart Metering, a leading provider of advanced metering solutions, specializes in the energy and water sectors. The company focuses on delivering smart metering systems that provide real-time data collection, analysis, and management to enhance utility operations.
Polaris Smart Metering aims to help utilities optimize resource distribution, improve billing accuracy, and encourage energy conservation. The company’s smart meters use cutting-edge communication technologies, like the Internet of Things (IoT), to ensure smooth data transmission. This allows for better decision-making and greater operational efficiency, supporting the shift toward smarter, more sustainable energy management.
