PGO & ITCHA signs MoU with Radius for ‘Bijlee Buddy,‘Hyderabad Hostels’.

Revolutionizing the Hostel PG Market: India’s First Massive Deployment of 2 Lac Meters offers Advanced Metering System at Hostel PG Marketplace.

Hyderabad, India, July 12, 2023: Thinkwide’s PGO, Innovative Hostel, Paying Guest and Co-living booking service platform, in collaboration with IT Corridor Hostels Association (ITCHA), is excited to announce the launch of “Bijlee Buddy,” an advanced metering solution provided by Noida-based Radius Synergies International Private Limited (RSIPL).

Hari Krishna, Founder and CEO of PGO, expressed his excitement about the strategic partnership with RSIPL and ITCHA, which aims to introduce advanced metering solution at Hyderabad Hostels and Paying Guest (PG) Facilities. Prepaid electricity meters have gained popularity with the growing need for energy efficiency and cost-effectiveness. By allowing users to prepay for electricity in advance, this solution effectively manages their energy usage and reduces electricity consumption.

Hari highlighted how the prepaid system empowers customers to manage energy costs and promote conservation. The requirement of 200,000 meters in Hyderabad Hostels alone can save up to 7Mn units monthly, setting a benchmark for other markets and emphasizing the value of advanced technologies in enhancing business operations. By initiating such efforts at hostels, which are often considered as home by many millennials, instills in the younger generation the importance of energy conservation right from an early stage.

Tata Karunakar, the General Secretary of IT Corridor Hostels Association (ITCHA), recognizes the immense benefits that the advanced prepaid electric metering solution brings to Hostel PG facilities. With enthusiasm, he highlights how this innovative solution simplifies the management of electricity bills for association members and facilitates effective monitoring of energy usage by residents. The “Bijlee Buddy” solution aligns with ITCHA’s commitment to promoting the overall welfare and development of its association members, providing them with tools and resources to enhance their operational efficiency and deliver a superior living experience to residents. This introduction marks a significant milestone in the journey towards organized facility management within the Hostel and PG industry.

Hari Singh, the Managing Director of Radius, shares his optimistic outlook regarding the partnership between Radius, PGO, and ITCHA to implement advanced metering solutions in the Hostel PG marketplace in India. Hari Singh commends PGO and ITCHA for their forward-thinking decision to embrace smart solutions in Hyderabad’s Hostel PG marketplace. He added, the implementation of these solutions is projected to result in significant energy savings of 10 to 15%. This reduction in energy consumption not only benefits individuals by lowering their electricity costs but also contributes to broader societal goals of energy conservation and sustainability.

About PGO: PGO, the pioneering Hostel and PG accommodation finding technology startup, is spearheading the digital transformation and organizational efficiency of Hostel PG facilities. By leveraging its innovative platform, PGO is revolutionizing the way Hostel PG facilities operate, bringing about a new era of digitization and organization in the industry. Through this digital transformation facilitated by PGO, Hostel PG facilities in Hyderabad are taking a giant leap towards becoming more organized and technologically advanced.

About ITCHA: The IT Corridor Hostels Association (ITCHA), headquartered in Hyderabad, is a commendable non-profit organization that serves as a unified voice for around 4,000 Hostels and PG facilities in the region. ITCHA was established with the primary aim of promoting social welfare and driving the overall development of its esteemed association members. ITCHA plays a crucial role in advocating for the rights and interests of Hostel and PG facility operators within the IT Corridor. By bringing together these stakeholders under one umbrella, ITCHA fosters a sense of unity, empowerment, and community among its members.

About RSIPL: Radius Synergies International Private Limited (RSIPL) is a leading end-to-end Advance Grid, Energy Management, and Advanced Metering Infrastructure solution provider. They offer their technology and products to various electricity distribution utilities and real estate developers, leveraging their expertise in IT and communication, Internet of Things (IoT), Machine-to-Machine (M2M) communication, and products with embedded intelligence, including cloud-based Device Connection Platform (DCP), Service Delivery Platform (SDP), and mobile applications.