Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

A power tech overhaul

Business Standard

|

October 13, 2025

IES, an ambitious initiative, aims to integrate producers, distributors, and consumers into a connected data ecosystem for smarter energy management and consumer participation

- SUDHEER PAL SINGH

A power tech overhaul

The power ministry is working with discoms, regulators, and technology companies to roll out the IES blueprint, which will ultimately be implemented nationwide

As with some other critical sectors such as insurance, health care and ecommerce, the government is steaming ahead with a digital initiative that it hopes will restructure the energy sector and streamline its functioning.

The so-called India Energy Stack (IES) has been envisioned as the tech backbone that will allow stakeholders in the power sector to seamlessly exchange data to enable next-generation reforms. More importantly, it will also offer domestic consumers of power unprecedented access to a much wider market in new ways.

These include ease of selling power through solar rooftops to other users in the grid, trading excess power in the open market through aggregators, using real-time intelligence from their smart meters to manage time-of-day usage, and access to modern billing applications.

For power distribution companies, or discoms, the national Utility Intelligence Platform (UIP) — which is set to be commissioned within a year as a pilot under IES — will allow development of data analytics tools for critical interventions, including revenue protection in high loss areas, peer-to-peer energy trading, and outage management, among others.

The power distribution sector has traditionally been seen as the weakest link in the Indian electricity sector because of huge operational inefficiencies of discoms. The ongoing effort to upgrade power supply infrastructure with modern technology assumes significance as the country’s energy demand is growing at the fastest rate among major economies due to its economic expansion.

FLERE HISTORIER FRA Business Standard

Business Standard

Business Standard

‘Investor awareness becomes more important than ever’

Ananth Narayan G describes his three-year tenure as whole-time member of the Securities and Exchange Board of India (Sebi) as a privilege that allowed him to make an impact on a larger canvas.

time to read

3 mins

November 01, 2025

Business Standard

Business Standard

New currency of hard power

If China is an exporting superpower, America is an importing one. Mr Trump has turned what would usually be a liability into an asset

time to read

5 mins

November 01, 2025

Business Standard

Business Standard

Apple's India revenue hits new high in Sep qtr

Apple set an all-time revenue record in India for the September quarter, driven by strong iPhone sales, as the American technology giant’s overall sales revenue reached $102.5 billion globally.

time to read

1 mins

November 01, 2025

Business Standard

Business Standard

USFDA's new biosimilar norms to woo more players, fast-track mkt entry

The US Food and Drug Administration’s (USEDA)'s new draft guidelines aimed at speeding up and reducing the cost of developing biosimilars — lower-priced, near-replicas of complex biologic medicines — could significantly benefit Indian biotech companies.

time to read

2 mins

November 01, 2025

Business Standard

Business Standard

Apple revenue tops $100 bn for first time

iPhone price hike drives record quarter

time to read

1 mins

November 01, 2025

Business Standard

Business Standard

Broking industry sees high growth on digital push

The Indian broking industry is passing through a lean patch after two years of rapid growth and expansion.

time to read

3 mins

November 01, 2025

Business Standard

Business Standard

Al-related stocks have more room to grow'

Artificial intelligence (AI)-related stocks have more room to grow, said Mark Matthews, managing director (MD) and head of research for Asia at Julius Baer during lunch on the sidelines of the Business Standard BFSI Insight Summit 2025 on Friday.

time to read

1 mins

November 01, 2025

Business Standard

Business Standard

'Al unlikely to replace humans in fin services'

Artificial intelligence, or AI, has had an influence in the way we invest in stocks. While it helps you narrow the list of opportunities, it has not reached a point where it can replace wealth managers, points out Shankar Sharma, founder, GQuants, in a fireside chat with A K Bhattacharya. Edited excerpts:

time to read

4 mins

November 01, 2025

Business Standard

Business Standard

Vedanta net profit plunges 59% on exceptional losses

Mining major Vedanta’s consolidated net profit plunged 58.69 per cent year-on-year (Y-0-Y) to %1,798 crore inthe second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported anet exceptional gain of $1,160 crore in Q2FY25.

time to read

2 mins

November 01, 2025

Business Standard

Sebi chief stresses responsible tech use, stronger market resilience

The Securities and Exchange Board of India (Sebi) is promoting the responsible use of emerging technologies, such as artificial intelligence in financial markets, strengthening cybersecurity, and preparing entities for change, said Chairman Tuhin Kanta Pandey on Friday.

time to read

1 mins

November 01, 2025

Listen

Translate

Share

-
+

Change font size