EDF India and Actis announce strategic partnership to develop advanced metering infrastructure in India

On February 25, 2025, EDF India announced a strategic joint venture (JV) with Actis to create a platform company focused on Advanced Metering Infrastructure Service Provider (AMISP) concessions.

New Delhi, 25 February 2025: EDF India today announced a strategic joint venture (JV) with Actis, a leading global investor in sustainable infrastructure. This collaboration aims to operate a dedicated platform company for Advanced Metering Infrastructure Service Provider (AMISP) concessions, reinforcing EDF India’s and Actis’ commitment to investing in the Indian power sector. Under this joint venture, EDF India and Actis will bring together their global expertise in energy solutions and infrastructure investments.

The Indian government is actively driving the National Smart Metering Project under the Revamped Distribution Sector Scheme (RDSS), targeting the deployment of 250 million smart meters by 2025. These advanced metering solutions are designed to enhance operational efficiencies, reduce aggregate technical and commercial losses, and bolster the financial sustainability of India’s power distribution companies (DISCOMs).

Commenting on the joint venture, Federico D’Amico, CEO of EDF India, stated: “We are excited to join hands with Actis to accelerate the deployment of smart metering infrastructure in India. This partnership underscores our commitment to supporting India’s energy transition by leveraging our global expertise and innovation in digital grid technologies.”

Asanka Rodrigo, Partner at Actis, added: “This collaboration marks a significant step in our continued commitment to India’s power sector. Smart metering is a critical component in ensuring efficient energy consumption, reducing losses, and improving billing accuracy for consumers. We look forward to working with EDF, a leader in the sector globally, to scale our joint venture in India.”

The joint venture between EDF India and Actis aligns with India’s broader vision of achieving a more resilient and efficient power distribution network. By leveraging cutting-edge technology, data analytics, and global best practices, the initiative aims to drive a transformative impact on the country’s power sector, benefiting both utilities and consumers alike.

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Actis

London, United Kingdom

Actis is a leading global investor in sustainable infrastructure. Actis targets consistent superior returns across asset classes over the long-term, bringing financial and social benefits to investors, consumers and communities. We believe values drive value. Actis is a leading global investor in sustainable infrastructure. We deliver competitive returns for institutional investors and measurable positive impact for countries, cities, and communities in which we operate. Our global experience, operational know-how and strong culture allow us to create global sustainability leaders. We do it at scale. And have been doing so for decades. Since inception, we have raised circa US$25 billion to invest in a better tomorrow. In October 2024, Actis joined forces with General Atlantic, a leading global growth investor, creating a diversified, global investment platform with approximately $87 billion in combined assets under management. Actis operates as General Atlantic’s sustainable infrastructure business. This strategic combination further enhances Actis’ focus as a leader in global sustainable infrastructure.

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