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New Delhi: Polaris Smart Metering Pvt. Ltd is looking at capturing about 50% share of the smart gas metering market in a few years and is considering the possibility of exporting its products, according to its top executive.
The company, which commissions, provides and maintains smart electricity meters, forayed into gas metering with field trials starting September last year. Polaris recently signed an agreement for its first commercial order to supply one million smart gas meters to city gas distributor Think Gas, with an order value of over ₹500 crore, Gaurav Semwal, chief executive officer of the company's gas business, told Mint in an interview.