New Delhi, Feb. 26 -- EDF India has announced a strategic joint venture (JV) in the smart metering space with Actis, a global investor in sustainable infrastructure. The overall investment into the JV would be around $200 million, said two people in the know of the development.

The collaboration aims to operate a dedicated platform company for advanced metering infrastructure service provider (Amisp) concessions. Under this joint venture, EDF India and Actis will bring together their global expertise in energy solutions and infrastructure investments.

The move aligns with the Centre's focus on installing smart meters under the National Smart Metering Project of the Revamped Distribution Sector Scheme (RDSS), wherein the government is ta...