RInfra signs MoU with U.S.-based Innovari

 Reliance Infrastructure announced it has signed a MoU with U.S. firm Innovari on expanding Automated Demand Side Management (ADSM) during US President Barack Obama’s India visit last month.
ADSM is a win-win situation for both utilities; customers as well as the environment; as it helps the utilities to improve the system utilisation by reducing its peak demand and it allows the customers to curb their power consumption during peak hours; thereby leading to reduction in their monthly electricity bills and restricting carbon emission going in the air; thus, reducing carbon footprints.RInfra will approach the Maharashtra Electricity Regulatory Commission (MERC) for furthering the ADSM programme, Reliance Infrastructure said in a BSE filing. Commenting on this development R. R. Mehta, CEO, Reliance Energy said, “With Innovari’s platform, we are able to work directly with our commercial and industrial customers to become partners in creating a truly optimised power grid while realising significant savings and improved electrical performance.” “Innovari is excited to provide RInfra with an innovative platform that can immediately address many of the challenges they face in meeting its short-term capacity requirements and a long-term sustainable energy future,” said Preetha Nair, Innovari President of India and Asia.

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