Security seals are mechanisms used to seal meters in a way that provides tamper evidence and some level of security. Such seals can help to detect theft or contamination, either accidental or deliberate. Security seals are commonly used to secure truck trailers, vessel containers, chemical drums, airline duty-free trolleys and utility meters. Plastic security seals are manufactured normally in two styles; adjustable or fixed length. Adjustable length seals can fit many applications from securing the neck of a bag or mail sack to sealing chemical drums, first aid kits and fire extinguishers.
Meter seals are used with electric or gas or water meters and usually molded in polycarbonate. The transparent body of the seal means that the locking mechanism is visible, and can provide clear indication of tampering.
Meter seals can withstand exposure to sunlight and extreme weather, and a wide range of temperatures. The seals can be individualized to fit the needs of the user. Typical marking includes logos, special texts, and white pads for writing by hand, consecutive numbering and 1D and 2D bar codes. There are several technologies in use, including hot stamping, ink jet printing etc.
India is currently witnessing a revolution in the field of energy metering, where advanced products are fast replacing the conventional ones. The current size of the dynamic energy meter market, estimated to be approximately Rs 2,200 crore, is trying to keep pace with the rapidly evolving requirements of end users in India and technological advancements abroad. ¨The current size of the energy metering market is approximately Rs 2,200 crore and it is expected to grow at a CAGR of 8-10 per cent over the next 4-5 years,¨ says SC Bhargava, Senior Vice President, L&T Electrical & Automation, which enjoys a market share of around 21 per cent of the Indian energy meter market. According to recent industry reports, distribution utilities globally are expected to spend $378 billion in smart grid technologies by 2030, where India is estimated to install 130 million smart meters by 2021. As per Frost & Sullivan’s analysis, in financial year (FY) 2010-11 (April 2010-March 2011) the overall electricity meters market was estimated at $460 million. As a whole you can invest in this project without risk and earn profit.
