{ A = Adani Energy Solutions / B = Bureau of Energy Efficiency / E = Esyasoft }
Context :
Adani Energy
Solutions Forms JV With IHC-Backed Esyasoft To Expedite Rollout Of Smart Meters
Extract :
Adani Energy Solutions Limited (AESL),
India’s leading private transmission and distribution company and a part of the
globally diversified Adani portfolio, today said it has taken a significant
step in strengthening its smart metering business by forming a 49:51 JV with
UAE-based Esyasoft Holdings for implementing smart metering
projects in India and other countries.
Through its wholly owned subsidiary, Adani Transmission
Step-Four Limited, AESL has acquired a 49% stake in Esyasoft Holdings Ltd.’s
smart metering solutions arm; the entity has been renamed Adani Esyasoft Smart Solutions
Ltd.
The transaction deepens the relationship between Adani and Abu
Dhabi’s International Holding Company (IHC), as IHC is a major shareholder in
Esyasoft through its subsidiary Sirius International Holdings.
Besides serving AESL’s current and future needs, the JV will
also bid for and execute Indian and global orders. It has about 100 experts spread across India, the UAE, the
U.K., and KSA, serving major Indian discoms, Scottish Gas, and UAE-based
utilities like FEWA, DEWA, SEWA and ADDC.
The products of Esyasoft, a provider of cloud and IoT-based
energy management solutions, have been catering to the energy automation
sector.
It has a rich repository of IP (intellectual property) and has
been offering solutions for smart utilities
including :
# meter data management
system,
# headend system,
# peak load management,
# energy audit,
# metering,
# billing and
collection,
# mobility solutions,
# big data analytics in
load forecasting,
# theft analysis,
# consumer behavior
analysis, and
# GIS.
“AESL is very happy to partner with Esyasoft to create a niche
joint venture to provide critical
and integrated solutions for the seamless national rollout of our smart
metering business. Besides giving us a strong execution edge locally,
the JV will open up new vistas in international geographies where the smart
metering concept is gaining traction and will aggressively pursue such
opportunities,” said Kandarp Patel, CEO, AESL.
“We are happy to join hands with Adani Energy Solutions to offer
our cutting-edge smart metering solutions for the Indian
and global markets. Currently, Esyasoft is one of the leading smart metering platform and solutions providers globally,
with 25+ million consumer end points serving in 10+
countries. With this partnership, we will add an
additional 30 million end points. Additionally, Esyasoft
also has solutions for renewable energy, energy efficiency, EV
charging, analytics & AI tool, etc., which we are confident of offering to
other Adani group companies," said Ajay Bhatia,
Group CEO, Sirius International Holding, Esyasoft’s
major shareholder.
AESL has an order book of about 20 million smart meters from
discoms like BEST Mumbai (~1.1mln), Maharashtra discom (~11.5 mln), Uttarakhand
(~0.6 mln), Andhra Pradesh (~4.1 mln), Bihar (~2.8 mln) and Assam (~0.8 mln)
and more are likely to get added. The
company’s own distribution arm Adani Electricity Mumbai has already installed a
majority of its 0.7 mln smart meters planned in phase 1.
India’s smart metering business market size is expected to cater
to about 250 million premises, of which tenders for 80 million meters are yet to be floated, indicating enough growth opportunity in the future.
Congratulations
, Kandarp Patel / Ajay Bhatia :
With your synergy in :
# Electric Power Distribution
# Energy Efficiency through Smart Metering
- You
are best placed to carry out an experiment to enable your customers (
individual households ) to earn CARBON CREDITS by
saving electric power consumed by individual home appliances / devices , as
detailed at :
Ø
BEE : the Ball is in your Court .. ………..21 Dec 2023
- Where
I proposed as follows :
Dear Shri Abhay Bakreji ,
( Director General – BEE / dg-bee@nic.in )
This offers an unprecedented opportunity to BEE as
“ Carbon Credit
Administrator “
I urge you to interpret Power
Ministry’s notification as follows :
# Sector
……………………………………………. 1400 Million Indian Citizen
# Non Obligate
Entities……………………….. 300 Million Domestic Households
# De-carbonization Project ………………… Energy Savings of Domestic Appliances /
Devices
# Energy Efficiency Standards ……………. Max Electricity Consumption per unit of
time used
# Methodology ……………… ...............Carbon Finance through Carbon Credits
12 Mar 2021
# Offset Mechanism
………………………. Carbon Credit Trading Scheme
# Registering of Project ……………………When DISCOM installs Smart Meter,
auto-Registration on BEE portal
# Carbon Credit Certificates …………… DEMAT Carbon Credit Account ( To be
delivered by BEE to
Mobile App named “ BEEMAT “ )
With regards,
Hemen Parekh
/ 28 Dec 2023 / www.HemenParekh.ai
/ www.HemenParekh.in
/ www.3pConsultants.co.in
Following is what ChatGPT had to say :
It's great to see your continued
enthusiasm for this proposal !
You've laid out a comprehensive plan that intertwines energy efficiency, smart metering,
and the potential for households to earn carbon credits.
For Kandarp Patel and Ajay Bhatia, the next steps could involve a strategic
approach to implement and advocate for this idea effectively:
1.
Engage with Government Bodies:
·
Bureau of Energy Efficiency (BEE):
Following
your proposal, initiating
direct discussions with the BEE can be pivotal. Engage in formal meetings or presentations to
discuss the proposal in detail. Highlight the potential impact and benefits
this initiative could bring.
·
Power Ministry:
Collaborate
closely with the ministry
to align your proposal with existing policies or regulations. Seek their
support in interpreting and implementing the Power Ministry’s notification in
favor of this initiative.
2.
Pilot Program Development:
·
Identify Pilot Locations:
Select
specific regions or cities where you can launch a pilot program. These areas could serve as
test beds to demonstrate the feasibility and effectiveness of the scheme.
·
Smart Meter Installation:
Ensure the
swift installation of smart meters in these chosen locations to enable tracking and monitoring of
energy consumption accurately.
3.
Technology Integration:
·
BEEMAT App Development:
Work on
the development and refinement of the
BEEMAT mobile app.
This app should serve as a user-friendly platform for households to track their
energy consumption, carbon credits earned, and overall environmental impact.
·
Data Integration:
Collaborate
with experts to ensure
seamless integration of smart meter data into the BEEMAT app, allowing
households to see real-time energy usage and carbon credit accumulation.
4.
Public Awareness and Education:
·
Community Engagement:
Launch
awareness campaigns in
the pilot areas to educate households about the program's benefits. Organize
workshops or community events to explain how they can actively participate and
benefit from energy-saving practices.
·
Media Outreach:
Use
various media channels to create
buzz and awareness about
the initiative, emphasizing the positive impact on the environment and the
potential financial benefits for households.
5.
Monitoring and Feedback Loop:
·
Continuous Evaluation:
Establish
a system to monitor the
pilot program's progress closely.
Gather feedback from participating households to understand their experiences
and areas for improvement.
·
Adaptation and Scaling:
Based on
the pilot's success, adapt
the program as needed
and prepare for scaling it up to larger communities or regions.
6.
Partnerships and Alliances:
·
Collaborate with Discoms:
Leverage your
existing relationships with DISCOMs to expand the initiative. Engage with them to encourage the
installation of smart meters and the adoption of this carbon credit earning
scheme.
·
Industry Collaboration:
Form
alliances with other companies or organizations within the energy sector interested in sustainability
to bolster support and resources for the initiative.
7.
Regulatory and Legal Framework:
·
Legal Compliance:
Ensure that
the proposed scheme aligns with regulatory and legal frameworks. Seek legal counsel to navigate
any potential obstacles or compliance issues.
8.
Evaluation and Reporting:
·
Metrics and Reporting:
Establish
clear metrics to evaluate the program’s success. Regularly report progress and impact achieved to
stakeholders, including the government bodies and the public.
By following these steps, Kandarp Patel, Ajay Bhatia, and their
teams can strategically advance this innovative initiative, combining
technology, sustainability, and community engagement for a positive
environmental impact.
BARD
had almost identical recommendations :
Next Steps for Kandarp Patel and Ajay Bhatia:
Kandarp Patel and Ajay Bhatia, with their combined expertise in
power distribution and energy efficiency through smart metering, have a golden opportunity
to pioneer the scheme of allowing individual households to earn carbon credits
by saving electricity. Here are some specific next steps they can take:
**1.
** Engage with Bureau of Energy
Efficiency (BEE):
·
Formal
Proposal:
Refine the earlier proposal outlined in your blog and submit a formal document to BEE. Emphasize the benefits like
incentivizing energy conservation, empowering citizens, and boosting India's
carbon credit market.
·
Pilot
Project:
Propose a pilot project with a limited number of households in one of the cities where AESL has
installed smart meters. This will demonstrate the feasibility and refine the
process before wider implementation.
·
Collaborate
with BEE:
Engage in constructive dialogue with BEE to address any concerns or technical
challenges. Explore co-creating the "BEEMAT" mobile app and DEMAT accounts for carbon credit
distribution.
**2.
** Develop Implementation Framework:
·
Technology
Infrastructure:
Enhance the smart metering system to accurately track individual
appliance/device energy consumption. Build a secure data management system to protect user privacy
and ensure data integrity.
·
Carbon
Credit Calculation:
Define a transparent
and verifiable methodology for
calculating carbon credits earned by each household based on energy savings.
This should align with international standards and be approved by BEE.
·
Trading
Platform:
Explore options
for a carbon credit trading platform, including partnerships with existing platforms or developing
their own. Ensure user-friendly access and secure transactions.
**3.
** Public Awareness and Outreach:
·
Consumer
Education:
Launch targeted campaigns to educate households about the program's benefits, how to
earn carbon credits, and responsible energy consumption.
·
Partnerships:
Collaborate with environmental NGOs, appliance manufacturers,
and social media influencers to
spread awareness and encourage participation.
·
Incentives:
Consider offering additional incentives, such as discounts on electricity bills or rewards
for achieving specific energy-saving
goals, to further motivate consumers.
**4.
** Data & Evaluation:
·
Monitoring:
Continuously
monitor data from smart meters to
track energy savings, carbon credit generation, and program effectiveness.
·
Impact Assessment:
Regularly
evaluate the program's impact on energy
consumption, carbon footprint reduction, and overall economic benefits.
·
Transparency:
Publish reports and findings transparently to build trust and encourage wider adoption.
By
taking these steps, Kandarp Patel and Ajay Bhatia can
make a significant contribution to India's energy transition and empower individual
households to become active participants in the fight against climate change. Remember, the key is collaboration,
clear communication, and a strong focus on transparency and data-driven
decision making.
Additional Notes:
·
Consider
the legal and regulatory aspects of
carbon credit trading in
India and ensure compliance with all relevant regulations.
·
Explore
potential funding
sources for pilot projects and
wider program implementation, such as government grants, private investments,
or carbon market revenue.
·
Stay
updated on the latest
developments in smart metering technology and carbon credit markets to adapt and optimize the program over
time.
I
hope this information provides a helpful roadmap for Kandarp Patel and Ajay Bhatia as
they move forward with this exciting initiative.
IHC, Adani in alliance to tap
India's Rs 14.55 lakh cr digital economy .. 28 Dec
2023
Extract :
Sirius JV intends to commence deployment of
cutting-edge AI and enterprise blockchain products and services for
industrial applications while leveraging Adani Group's vast industrial testbed
to validate and scale its solutions.
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