"We plan to convene a meeting in December with all the stakeholders, including manufacturers/suppliers of equipment, companies involved in the transmission and distribution, developers of green technology and other related industries, to chalk out a plan for a pilot. We want to build a smart city that can be a model for power distribution and consumption."
The country has one of the largest T&D losses in the world, with almost 30 percent of the installed capacity of 1,82,345 mw being lost in transmission. The transmission network of the country is 2,65,000 circuit km (ckm).
Nayak also hinted at signing of MoUs with stakeholders for developing the project. "We are in the process of identifying a city where the population is small and people are educated. We want all types of renewable energy sources, including solar, wind, etc to set up there. The plan is to have smart meters, electric vehicles and other such systems that will enable reduce T&D losses and access of power to rural areas and reliability and quality of power to urban areas," he said.
He also emphasised the need to develop reactors indigenously. "It is time we came up with our own technologies to develop reactors indigenously."
Last September, India Smart Grid Task Force was set up under the aegis of the Union Power Ministry to serve as government's focal point for activities related to smart grid.
Source- Economic Times