To give a fillip to the vision of converting all the conventional electricity meters to smart meters in the next few years, EESL (Energy Efficiency Services Limited, A Joint venture of PSUs of Ministry of Power, Government of India) along with NIIF (National Investment and Infrastructure Fund, a Government of India, sovereign fund) has formed a JV company – IntelliSmart Infrastructure Private Limited or “IntelliSmart”. It will enable implementation of Smart meters through BOOT (Build. Own. Operate. Transfer) model to expedite the deployment, which shall replicate the EESL success so far on the same model. The focus of IntelliSmart would be to drive efficiencies for DISCOMs, improve revenue management, increase billing efficiency and consumer satisfaction.