1.20 (0.45%) PowerGrid Corporation of India is seeking permission from Central Electricity Regulatory Commission (CERC) for upgrading its 1,700 stations in an initiative to implement the smart-grid mechanism. This up gradation project is likely to cost around Rs 655 crore and is expected to complete in three years.
The entity has inked pact with Indian Institute of Technology (IIT) Mumbai to help analyze the data. Smart grid is an evolutionary process. It is likely to take up smart grid implementation across the national grids, the intra-State transmission systems have to be upgraded by the electricity distribution companies.