New Delhi, Jan. 30 -- State-run Energy Efficiency Services Limited (EESL) will install 2.34 million smart prepaid meters in Bihar, under its "Smart Meter National Programme".

Accordingly, the joint venture under Union Power Ministry signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution Company Ltd (NBPDCL).

"The smart prepaid meters will optimise the Discom operational performance by increasing the billing and collection efficiency, reduce the operation and maintenance cost; and enhance the quality of service, along with providing the consumers with demand side management (DSM) options," the company said in a statement .

"The smart prepaid meters are connected through a web-base...