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Investors - FEBRUARY 1, 2023

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Tata Power and AutoGrid deploy AI-enabled smart energy management system in Mumbai

by Kali Persall

AutoGrid, a virtual power plant and distributed energy management system provider, today has signed a historic new initiative with Tata Power, one of India's largest integrated power companies.

The partners will deploy a demand-response program across residential, commercial and industrial customers to help address peak demand and support India's clean energy transition, serving Tata Power's customers in Mumbai.

The Demand Response Management Program aims to engage 55,000 residential consumers and 6,000 large C&I customers to achieve 75 megawatts of peak capacity reduction within the first six months, and then continue to scale up to 200 megawatts by the summer of 2025.

With Tata Power's new demand-response program built on the AutoGrid Flex platform, consumers can earn incentives by choosing to curtail their load in response to signals relayed via text messages and/or email during times of critical need. Because India's predominant source of energy is therm

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