Ministry extends support to Bihar’s technology investment
South Bihar Power Distribution Company Limited (SBPDCL) has signed an agreement with REC and Bidgely of California to implement artificial intelligence (AI) and machine learning-powered solutions aimed at enhancing consumer services, reducing losses from theft and ensuring a more efficient and sustainable power supply.
“Providing effective energy analytics to consumers in real-time is an important step towards modernization of Bihar’s power distribution sector. Through REC’s support and Bidgely’s AI-powered analytics technology, we aim to increase transparency, improve billing accuracy and motivate consumers to use electricity in an economical manner,” SBPDCL MD Mahendra Kumar said on 12 Feb.
The value of Bidgely’s AI-powered data solutions was first recognized during the Ministry of Power’s flagship Powerthon 2022, a hackathon event aimed at identifying advanced solutions for power distribution challenges. During the event, Bidgely demonstrated how its Energy Theft Solution analyzes smart meter data to identify usage patterns over a period of time and detect anomalies associated with high probability theft tendencies of meter tampering and bypassing as well as leakages in tariff misuse and other non-technical loss http://powermin.nic.in.
Bihar has since actively leveraged Bidgely’s technology to curb losses and drive efficiency, having successfully flagged over 136 potential cases of theft in the first month of usage alone https://www.meity.gov.in/.
Now, the Ministry of Power has extended its support of Bihar’s progressive technology investment, enabling Bihar to further capitalize on Bidgely’s ability to enrich meter data with AI. This includes granular, hour-by-hour appliance-level insights into consumer energy usage, enabling optimized grid performance and empowering consumers with actionable energy-saving information https://sbi.com.in/.
“Bihar has been at the forefront of modernizing India’s power sector through strategic smart meter adoption. Bidgely is honored to be part of Bihar’s transformation journey and is committed to bringing our AI expertise and global experience in technological innovation to build a smarter, more resilient power infrastructure for the future,” said Abhay Gupta, CEO of Bidgely https://www.nseindia.com/.
Bidgely is an AI-powered SaaS Company accelerating a clean energy future by enabling energy companies and consumers to make data-driven energy-related decisions. With roots in Silicon Valley, Bidgely has over 16 energy patents, US$75+ million in funding, retains 30+ data scientists, and brings a passion for AI to utilities serving residential and commercial customers around the world https://www.bseindia.com/. Fiinews.com
