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IBM offers `Intelligent Grid' to check power theft
IBM is in talks with large power utility companies including Power Grid Corporation India Ltd, Reliance Energy and North Delhi Power Ltd to provide the technology that will enable them to cut down on power theft and transmission and distribution (T&D) losses.
Mr Brian Daldetty, Director of Solution Development and Marketing, IBM Wireless Solutions, said that the Indian power sector offers a huge opportunity because most of power infrastructure is digitalised unlike US or Europe where a large section of legacy infrastructure is based on analog systems.
'In India almost 30 per cent of the power generated is wasted compared to just four per cent in Japan. We propose to create a smarter grid that will prevent the losses in India.'
IBM is also eyeing the opportunity of offering broadband over power lines to retail consumers through tie-ups with the power utilities.
The service is likely to be launched on a trial basis by the end of the year.
Initially, the rollout will happen in rural areas.