Indian IT Firms to Gain from Energy Sector Investments - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
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Technology firms are set to cash in on the Union government’s push to reform the country’s power distribution network, as India lines up at least $2 billion (Rs9,200 crore) to help cap energy losses through use of information technology (IT), industry experts said.

The government has launched a Rs 50,000 crore plan to cut power distribution losses, with one-fifth of the funds devoted to using IT at state-run distribution utilities.

Under the power reforms scheme, many domestic and global IT firms have been empanelled to serve as consultants or act as implementation agencies to distribution firms.

States such as West Bengal and Rajasthan have already awarded IT projects, while others, including Madhya Pradesh and Maharashtra, are in the process of doing so, government officials said.

IT work will typically involve setting up data centres, geographic information system mapping, and entail applications for reading meters, billing and collection, energy accounting and auditing and consumer grievance redressal.

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Around 30% of the power produced in the country is lost in transmission and distribution annually due to pilferage and technical snags, compelling the Union government to invest in using IT to identify the losses.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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