India threatened by financing challenges in smart grid market

Things you must know about.

According to a release, India power sector is facing a series of big challenges in financing, big demand and supply gap in electricity power, serious AT&C loss etc.

The country has been in an endeavor to move towards smart grid with government and industry initiatives for the past two years. Recently the government funding for more smart grid pilots has been delayed.

However, in the discussion with international investors and India local ICT companies who have ambitious in India’s smart grid program, WSGC India Week found out that key players and practitioners are optimistic on the future of smart grid roll-out in India.

Real deployment of smart metering and AMI technologies is expected in the coming 1-2 years.

In a recent article on why India needs smart grid and why the opportunities are huge, Mr. P Uma Shankar, said “we welcome global participation to help innovate, with criteria including not just price-performance but also modularity, usability, scalability, open standards, and security. To make smart grids work will take both top-down and bottom-up effort. In the long run, smart grids will only work if it is something the utilities and the consumers WANT. “

The 3rd WSGC India Week, this year’s biggest India smart grid & smart metering event will continue bringing robust discussion and dialogue between ministry of power, central and state regulators, state and private utilities, smart grid system integrator, smart metering companies.

The event is to discuss key issues on power sector financing, smart technologies adoption, and smart grid regulation evolution.

Here's a quick rundown of the event information:

Conference Name: The 3rd World Smart Grid Conference India Week

Date: Sep.10th- 12th, 2013

Location: Delhi, India

Hosting Organization: SZ&W Group

Event Website: https://www.szwgroup.com/2013/sgindia/

Tel: +86 21 5567 0232

E-mail: [email protected]

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