China factor kills smart meter deal
(WorldNews India)

NEW DELHI : India has cancelled a smart meter contract awarded to Indonesia-based PT Hexing for 2 million units following concerns over its Chinese ownership, and for failing to meet the criteria for local manufacturing, said a top executive of state-run Energy Efficiency Services Ltd (EESL). PT Hexing is said to be owned by Hangzhou-headquartered Hexing Electrical Co. EESL, which is...