One of India’s largest integrated power utilities, Tata Power, recently announced that it has signed a three-year commercial agreement with BluWave-ai, the world’s first renewable energy AI company. The agreement comes after a successful trial project during which Tata Power evaluated the performance of the BluWave-ai cloud platform to generate intra-day and day-ahead dispatches for use in its power scheduling operations.
Tata Power decided to activate the potential of artificial intelligence (AI) to optimise power scheduling and thus address the new regulatory changes to mandate accurate energy scheduling and introduce a real-time market to improve the onboarding of renewable energy in the national grid.
“We are working with BluWave-ai to operationalise Artificial Intelligence in our day to day power distribution in Mumbai. Working with AI-enabled system improvements via cloud computing in real-time operations enhances our baseline systems resulting in higher operational efficiency and accuracy,” said Mr Sanjay Banga, President, T & D, Tata Power.
Devashish Paul, CEO of BluWave-ai, said, “Our team at BluWave-ai has sought out innovative early adopters of complex AI technologies to onboard our products. We have focused on working with leading global energy companies, such as Tata Power, to build the world’s premier AI cleantech company. In Canada, our solutions delivered the first real-time AI electric utility dispatch and stand-alone industrial applications. We were able to take our platform and quickly train it for the Indian market using real-time data from Tata Power Mumbai DISCOM to integrate with its operations. This technology provides our customers with a solution that realises a significant financial benefit from the 35,000+ yearly electricity dispatches.”
Tata Power has already deployed a few AI solutions, such as The Central Control room for Renewable Assets (CCRA), which uses Machine Learning based on loss estimation, forecasting and alert/notification. In order to optimise the coal supply and order inventory management, Tata Power’s Coastal Gujarat Power Limited (CGPL) and Maithon Power Plant (MPL) units also use the pit to plant Coal Supply Management (Coal SCM) and Management Strategic Review (MSR) solutions.
In addition to this, the company’s Mumbai Distribution team has implemented a sentiment analysis tool for email classification and routing, which will help in the proactive assessment of consumer needs.
