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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.
Called `Intelligent Grid', the IBM solution helps utility companies track power consumption and leakages through sensors deployed at various sections of the infrastructure.
Speaking to Business Line, Mr Neil Gerber, IBM Worldwide Strategy Leader for Energy & Utilities, said: "The Intelligent Grid enables utility companies to view and respond to the health status of their network in real time and access information that can enhance customer service and improve electric grid line planning, operations and maintenance."
He added: "It contributes to fewer and shorter power outages, improved operating costs, security and higher productivity. Some of these projects involve the usage of a technology known as Automated Meter Management."
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