The Indian Institute of Technology, Delhi’s FITT has signed an agreement with IntelliSmart to develop smart-grid functions.
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Download NowVagisha Kaushik | December 9, 2021 | 05:34 PM IST
NEW DELHI: The Indian Institute of Technology (IIT) Delhi’s industry interface arm Foundation for Innovation and Technology Transfer (FITT) has signed an agreement with IntelliSmart Infrastructure Private Limited (IntelliSmart), a joint venture of National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Ltd (EESL) to develop "smart-grid functions, advanced research to drive the development of real-time smart grid solutions with potential to achieve improved revenue management, increased billing efficiency and control, consumer satisfaction and opening up the smart grid data for many newer applications and monetization".
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The collaboration aims to evolve new age real-time communication capabilities of Advanced Metering Infrastructure (AMI) functional specifications which will be supported by the enhanced capabilities of next generation equipment or solutions. These solutions will be developed by IIT Delhi (with its industry collaborators) utilizing its advance research outcome in the field of energy efficiency, learning based smart IOT System, smart sensing, data analytics, IOT security, advance communication technology frameworks of 5GNR or NB-IOT and MEC framework.
Speaking of the collaboration, Anil Rawal, MD and CEO, IntelliSmart said: “This collaboration between IntelliSmart and IIT Delhi is our endeavour to advance the process of digitalisation in the power sector. By marrying our on the-ground execution experience and ability with IIT Delhi’s academic and research capability, we seek to create that perfect synergy that will enable us to contribute to the development of the new-age smart grid system by leveraging opportunities in the areas of energy efficiency, AI/ML, blockchain, IoT security and advanced communication technology frameworks that will ultimately benefit the country and consumers.”
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Anil Wali, MD, FITT said, “We hope that our engagement with IntelliSmart leads to innovative and smart next generation technologies (based on AI, IoT etc) for efficient metering and other digital solutions that are likely to bring great benefits to the customers.”
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