luentgrid Limited participated in the recently concluded India Smart Grid Week 2016 at New Delhi.
Focusing on the challenges and opportunities in building support towards establishing Smart Grids in India, experts in the field of energy and Policy makers from the government were joined by leaders from corporate sector across the globe in this 3 day event.
Indian government’s plan to set up 100 Smart Cities and 500 Smart Towns, has fuelled a rapid market growth for Smart Grids, which aims to touch Rs. 50,000 crores in the next 4 to 5 years from the present level of sub Rs. 100 crores.
Shri Piyush Goyal, Minister of Power, Coal and Renewable Energy interacted with Mr. Anil Kumar Arora, VP – Smart Grids and other Fluentians at our stall. Mr. Piyush Goyal strongly advocated the need for India to adopt smart grids and concepts to improve energy access for ensuring that power reaches all in the country.
According to Mr. Reji Kumar Pillai, reliable electric grid is the most critical enabler for all other systems in a Smart City, it is expected that all 100 smart cities and 500 smart town will have smart grids in the next 5-10 years.