The Working Groups formed under the India Smart Grid Task Force (ISGTF), a group serving as the government focal point for smart grid development, on Tuesday announced it would be spending as much as $ 134 million on smart grid projects.
Included in these projects are eight pilots programs that will be taken up within the next 18 months, smart grid standards that will be established and adopted by the Bureau of Indian Standards (BIS), low cost smart meters that will be developed to ensure that 100% metering is achieved within distribution companies resources, and critical cyber security assets that will be identified and audited on a regular basis.
It was only in May that India’s Bureau of Energy Efficiency partnered with IBM to create the India’s first smart grid.
The ISGTF was set up in May 2010 under the aegis of Ministry of Power, and is chaired by Shri Sam Pitroda, Adviser to the Prime Minister on Public Information, Infrastructure and Innovations. According to the India’s Government, ISGTF aims to develop a roadmap and standards for the development and implementation of Smart Grid related technologies in the country.
Addressing a press conference in New Delhi today, Shri Sam Pitroda said that the following six guiding principles are being followed for developing smart grids in India:
India is the second most populated country behind China, and is an emerging market in the smart grid industry.