A smart grid is an evolved grid system that manages electricity demand in a sustainable, reliable and economic manner, built on advanced infrastructure and tuned to facilitate the integration of all involved.
Digitization of electricity infrastructure will be key to the stabilization of the grid as more and more renewable energy as well as e-vehicles are added to the electricity infrastructure. India is already going through a steady upgrade of power grids with Smart meters, transformers, automation and new wiring. Digitization so far covers only about 10 percent of the consumption side of electricity use in India. Government is envisaging about $50 billion of investment opportunities in the power transmission and distribution industries in the next five years. This is going to be key not only for the stabilization of the grid but will also result in reduction of power theft and improve the financial health of the power sector.
MINI/MICRO GRIDS IN INDIA
Source : https://www.geospatialworld.net/article/smart-power-spatial-power/
India has one of the most robust microgrid markets for off-grid and grid-connected systems. Microgrids in India are deployed to fill in for an unreliable utility grid, reach new off-grid customers, save money, and reduce carbon emissions. Indians who could afford it have long used diesel generators to backup the utility grid, but are increasingly moving to microgrid options consisting of solar pv, and energy storage.