New Delhi, Oct. 16 -- A slower pace of installation of smart electric meters under the Revamped Distribution Sector Schemes (RDSS) sanctioned projects and delay in realization of payments will reduce the project internal rate of return (IRR) of advanced metering infrastructure service providers (AMISPs) by up to 150 basis points (bps), said a CRISIL statement today.
This is assuming an execution delay of 6-12 months against budgeted timelines and a delayed payment cycle of six months against an exception of less than one month continuing over the entire ten-year period.
Ankit Hakhu, Director of CRISIL Ratings, said, "As per our study, a slower pace of installation can impact project returns by up to 60 bps. This is mainly because a delay ...