The Daily Brief India's huge bet on smart electricity meters
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Oct 24, 2025 India's ambitious initiative to replace outdated electricity meters with smart technology could revolutionize billing and theft detection. Discover how these devices work and the challenges they've faced in adoption. The podcast also delves into how corporate India weathered the pandemic, examining strategies firms used to preserve liquidity and strengthen their balance sheets. Insights about the resilience built in the corporate sector are discussed, along with recent financial market updates.
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Totex AMISP Rewires Risk Allocation
- The Totex AMISP model shifts capex and operational risk to private providers paid PMPM over 8–10 years.
- Payments are performance-based to align incentives and encourage efficiency improvements.
Genus–GIC SPV Model
- Genus Power partnered with Singapore's GIC to form an SPV that bids for AMISP contracts and isolates project risk.
- Genus books manufacturing revenue quickly while the SPV handles installation and long-term payments.
Use SPVs To Contain Project Risk
- Use SPVs to compartmentalize project risk and attract infrastructure capital for risky long-term contracts.
- Structure lending so SPV assets serve as collateral to protect parent-company balance sheets.