Oakter Launches OAKMETER, A Revolutionary Smart Meter for Efficient Energy Management
Oakter, a leading provider of
innovative consumer electronics has announced the launch of OAKMETER, a
state-of-the-art Smart Energy Meter designed to revolutionize energy
consumption management.
Unlike traditional
meters, Oakter’s Smart Meter employs advanced technologies such as Advanced
Metering Infrastructure, real-time data analytics, and Internet of Things (IoT)
capabilities. This enables two-way communication with the utility’s server via
internet connectivity, facilitating seamless detection of tampering, real-time
data transmission at intervals as frequent as every 15 or 30 minutes, outage
identification and visibility of energy consumption on mobile devices. These
features result in reduced manual intervention, increased operational
efficiency, minimized error, and substantial cost savings for both consumers
and utilities.
Commenting on the
idea behind making this Smart Meter, Mr. Shishir Gupta, CEO of
Oakter commented, “Sustainable energy is a primary need for
our planet in current times. While India’s current capacity to produce more
electricity than total demand is a positive development, coupled with the
increasing deployment of renewable energy, there is still progress to be made.
The big issue right now is losses in distribution, which can be attributed to
power thefts, corruption, and inefficient infrastructure. Smart Meters are the
solutions to this problem by providing real-time visibility of distribution and
consumption across the country. Hence the Indian government has launched the
Revamped Distribution Sector Scheme (RDSS) to replace all energy meters with
smart energy meters. Oakter’s competence in development and manufacturing of
smart IoT devices is perfectly suited to manufacture high-quality smart energy
meters in large quantities. Therefore, we have set up a manufacturing unit to
produce 10 Lac Smart Energy Meters per Month. We have made these investments
and built these capacities to support the government initiative and mandate
given to private industry.”
Oakter's Smart Meters
have undergone rigorous testing in the company's NABL certified lab to ensure
peak functionality, surpassing the accuracy of traditional Class 1 meters.
Designed to meet the specifications of all utilities across the country, these
meters leverage Oakter’s expertise in deploying over 2 crore IoT devices in the
market. With 4G connectivity, low latency, and optimized communication
protocols, Oakter has set a new standard in smart meter technology.
OAKMETER is a
high-quality Smart Meter that meets stringent quality standards, including BIS
(ISI Mark as per IS16444 standard), CE Certified, RoHS, CBIP 325 Certified for
Tamper Protection, CMMI level 3 certified, and ISO compliant.
OAKMETER is a
business-to-business (B2B) product supplied directly to utilities, with Oakter
providing a 10-year warranty on all products. The typical contract for Smart
Meters includes installation, support, and finance based on the DBFOOT
(Design-Build Finance-Own-Operate-Transfer) Model, with contracts awarded at
INR 8K to 10K per meter. With the launch of this product, Oakter reinforces its
commitment to revolutionizing the consumer electronics space, offering a
diverse range of products tailored for the Indian market.
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