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#Announcement(Startup) #Celebration [ via IoTForIndiaGroup ]
#Organizer : India Smart Grid Forum (ISGF) / AutoGrid #StartDateTime : 13 MArch 2019 #City : Delhi
AutoGrid has won the 2019 Innovation Award for the Best Industry Smart Grid Project in India from the India Smart Grid Forum (ISGF).
AutoGrid received the Platinum Award from ISGF’s Innovation Awards 2019 for Best Smart Grid Project in India by Industry on 15 March 2019 at the India Smart Utility Week conference, which is hosted annually by the ISGF. The ISGF Innovation Awards honor industry leaders, innovative organizations and groundbreaking projects that have set new benchmarks in smart grids and smart cities.
The award recognizes AutoGrid for its joint demand-side management (DSM) initiative with the government of Andhra Pradesh (AP) in India and the AP Southern Power Distribution Company Limited (APSPDCL). The project deployed Smart Grid and Internet of Things-based solutions aimed at improving utility financial health and consumer experiences. AutoGrid worked with APSPDCL on automated DSM programs covering several major segments, including agricultural pump-sets, residential/commercial air conditioning systems and industrial non-critical loads.The DSM solutions in the project will enable benefits of over INR 1000 Cr per year (over USD 150 million) per utility when deployed at scale.
The savings will be achieved via peak load shaving to reduce significant capital expenses, time-of-use implementation to leverage cheaper power at off-peak hours, soil-moisture/water-level sensor-based pump-set operation to intelligently reduce energy and water used for agricultural purposes, air conditioning system cycling to drive both energy efficiency and peak load shaving, and renewable integration to incorporate more cost-effective solar and wind power supply without impacting the reliability or quality of service.
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