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Reliance Infrastructure inks MoU with Innovari to expand ADSM

13 Feb 2015 Evaluate

Reliance Infrastructure’s Distribution arm - Reliance Energy has inked a Memorandum of Understanding (MoU) with Innovari, a US based firm, on expanding the Automated Demand Side Management (ADSM).

In 2014, the company partnered with Innovari to implement a pilot project in Mumbai to validate the customer and grid benefits of the ADSM. The pilot concluded successfully proving the ability to auto-manage demand without impacting the customer’s environment and also providing savings. The participants of pilot programme are Raghuleela Mall, ITC, Blue Dart, and Marriot.

Reliance Energy would approach MERC for furthering ADSM program. It will be extended to other high-end consumers in phased manner after MERC approval.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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